Mike Garrity
401k withdrawal insight needed
Hey there, we are in the market for a new home and we are thinking about renting out our existing house instead of selling. If we were to do that we would need to cash in my wife’s 401(k) for a down payment on the new...
Ryan Haase
Formally Withdrawing an Offer
We put an offer in on a SFH which has been on the market for over 200 days. Everything went fine at the beginning and the seller's Realtor was able to answer all questions and we were able to set up a showing of the h...
Kevin Gamboa
Retired. 403B withdrawal. CALIFORNIA
Hello all,
I currently have an investor that is retired and 65 years old interested in using his money from his 403B to invest in real estate San Diego, CA, which is where he lives. He has the capacity to buy the ave...
Hai Wei Wang
HELOC withdraw period frozen
Hello, I have a HELOC on a property I have been renting out for a few months now. My bank said since it's no longer my primary residence, my withdraw period ended and I can only pay down and no longer have a LOC. The...
Patnaree Conrad
401k withdrawal for REI
Hi I am new and still learning about REI, I have been listen to BP podcast for a couple months and I think it is time For me to do an Action. My case, I want to do long term rental ( at least to start) so I dont have...
Thomas D Armistead
IRA early withdrawal penalty
Should I withdraw money from IRA to invest in rental property? I have enough reserve cash to finance 1 property with Cash on cash ROI 11.9 Or I can take an early withdrawal and buy 3.The penalty reduces the Cash on ca...
Ian Dale Ibrado
Withdraw rrsp to invest?
Hi guys... is it a good idea to withdraw rrsp to invest in a 15% coc investment? Been thinking about it a lot lately. Rrsps can be used in retirement but if i withdraw now.. it can help me buy my next property. It c...
Irving Franco
Offsetting 401k withdrawal taxes
Is away to offset the income tax on a 401k withdrawal that will be used to purchase investment real estate. I know I can move the money into a self directed IRA and going that route, but I’m curious if you can take a...
Emily Tucker
401k questions about withdrawal
Hi,
I am new to bigger pockets. I am considering pulling my savings out of my 401k to expedite my liquid cash but know this is a bold move and comes with some tax penalty and income taxes. Does anyone have any exp...
Shannon Carter
401k withdrawal to invest
Hello Bp,
I would like some feedback on this creative financing I am trying to do.
I have done 2 successful flips and also have one 1 buy and hold.
Now that I have a little skin in the game I’d like to ask my dad ...