David M.
Employer 401k to Solo 401K
Hello All,If you roll your employer sponsored 401K into a solo 401K, I'm assuming that any profit/cash flow must remain in the 401K as well, correct?Meaning, if my primary goal is to replace $dayjob income, then inves...
Stacy Cruz
401k turned into Self Directed IRA
Good Afternoon Everyone
I have a question, as new up and coming RE Investor I wanted to know if I was able to turn my 401k into a self directed IRA?? And if so how do I?? Thank You
Stacy Cruz
Rick D.
how EXACTLY does a Solo 401k differ from a self-directed IRA?
Does anyone know where I can find a definitive guide on self-directed IRAs vs Solo 401ks. I mean something that goes beyond the superficial and tells me step-by-step EXACTLY what they are and EXACTLY how they differ ...
Account Closed
Private Money & SDIRA - Borrowing Prior to IRA Setup
Hi BP. I am in a bit of a pickle. I am awaiting a response from my custodian and thought I'd throw this to the community for discussion.A wholesaler has a contract I want to acquire and requires a $3k non-refundable d...
Shaun Skeffington
Question On Using 401K
Hey Everyone.. My wife has a 401K plan she had with her previous employer and does not work anymore. We called the investment company that has it and stated we cannot borrow against it due to her not working anymore. ...
Dharmesh R.
Alternative to 401k for down payment
I am looking to buy a primary residence in near future. My current plan is to extract down payment money from my 401k. I know it is frowned upon but I do not have many choices. I was wondering if there is a viable alt...
Mekail Faquir
Any way to cover Down payment with loan?
I’m looking at purchasing my first properties, that being said I don’t have a substantial amount of $$ for a down payment. How should I go about this? Is there a way to secure a loan for the purchase plus Down Payment...
Mikki Kline
New to Real Estate investing!
Hello! I have recently paid off a lot of debt and am now consumer debt free! I am blessed and have been able to leave my full time job as a pharmacist and am now a full time wife/mom. I am converting my rollover IRA i...
Cecilia Arnulphi
Can I buy publicly trader stocks out of my SDIRA?
I'm interested in buying a few shares of stock and I just contacted my SDIRA and they put all kind of restrictions. "For starters, the stocks must be in form of a private placement (not publicly traded). The company ...
Costel A.
Using retirement funds
I have a 403(k) retirement plan with Fidelity. I talked to them today about using some of my retirement money to start investing in real estate. They said that I need to transfer this money to an IRA then I'll have mo...