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...
Pharoan Johnson
Funding the rest of my down payment
Hi everyone,I recently located a 3 unit property in Western MD listed at $100K. It's presently fulled rented and generates $1,800 monthly in gross rental income. The NOI is $1,291 monthly. I'm looking to go view th...
Victoria Redlin
Security deposits, pros/cons, on using Obligo as a security deposit alternative?
I just heard about Obligo.com Does anyone have any experience with this, as either a landlord or a renter?
Devang Patel
401k and roth vs rental props for cash flow
I am a newbie and within the past year have closed on 4 units that are cash flowing very well. My ultimate goal is to retire at a very early age and live off of the cash flow of my properties. My unit count goal for...
Adelle Miller
Automatic Withdrawal?
I've been a landlord for a few years, but I only have a handful of properties, so I'm still kinda new. I would like to start requiring automated withdrawal for paying rent. I know there are differing opinions on it,...
Andrew Lisi
Using IRA for Down Payment? Good idea?
We are looking to purchase our 1st investment property. As I'm learning more, I want it to be a 2-4 unit multifamily home that we would "house hack." We don't have enough savings for a down payment in Chicago (city pr...
Lisa Graesser
Use 4O1k money or start a self directed IRA
My husband will be 57 1/2 in 2019. Is there an advantage to starting a self directed IRA with money he has in a past employers IRA or just draw money from that IRA or his regular 401k when he turns 57 1/2, if we wante...
Larry M Shepherd
401k Withdraw for first REI? Good idea or stay away?
Hello all and thanks for clicking on my very first post! I am super new to REI and excited to learn and expand my knowledge to build generational wealth for my family. I might be jumping the gun here but I am in the e...
Mack Lev
Applying for a HELOC
Let me give you some background info. Im 22 years old, making about $30k a year. I own a cheap rental property free and clear (worth about $55k) pulling in about $700 monthly. I 'm also on the deed to the home that I ...
Brady Hoffpauir
Pull funds, Roll-over to self-directed, or keep in 401k
Question from an investor: They would like to use their retirement account to invest in RE. From a long term investment perspective (10-20 yrs), has anyone evaluated the financial comparison of the following: 1) Ke...