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Hello, I've been reading a few books about real estate investing and I ran into using your current 401k and turning it into a "Real Estate IRA" to purchase investment property. Has anyone else heard of this?
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I recently posted that some lending and sales schemes were predatory.
First, predatory practices does not have a legal definition, generally you will find examples of strategies or activities that are deemed ...
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So I'm in the process of buying a duplex in the Seattle / Puget Sound area but the banks and credit unions I've talked to are asking for a 25% down payment. Does anyone know of an institution that'll do anything lower...
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I have been looking for a good local lender in my area and several of the banks are telling me that its 25% down for 2-4 unit properties. Is this bank specific or has the requirement to put down gone up? I've noticed ...
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Hello,
I am in escrow on a building in North Memphis and need to get a loan to buy the property and fix it up, can anyone point me in the right direction please of a good lender for this? someone who is quick is idea...
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Newbie here. My strategy is twofold: 1) Buy and hold using BRRRR method and 2) Private money lending.
Which vehicle is better suited for this strategy, a Self-Directed 401(K) or a Solo(K)?
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I want to transfer $ from a std 401K to a Solo 401K for the purpose of investing in R/E. I want to ensure that I meet the requirement regarding active, not passive, income. Can you please recommend a company that off...
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Hello, my name is Katina Stewart and I'm new to the Bigger Pockets forum. I currently have two financing options and I'm struggling to decide on which to take.My plan is to purchase a few homes to flip and to later p...
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Hey all, I just closed on my first rental property in Baltimore City. I obtained an inspection during the closing process. My inspector completed a “Baltimore City Rental License Inspection Form.” Now I am trying to o...
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Some background: I have a high W2 income (top tax bracket) and my wife qualifies as a Real Estate Professional.We started investing in RE this year (3 SFH) and I have been looking at the option of accelerated deprecia...