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So my wife and I are starting to look for a house to buy with our IRA, and then rent out, probably in Florida. This is something we have been considering for a couple years, and understand the procedure and rules. ...
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Self-employed and doing well, income around 7-10K monthly after all expenses. However, due to being newly self-employed (new meaning above the table and actually claiming taxes) I'm unable to find traditional lending ...
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Hello BP, I have a question about renting to an LLC. I have a property with two units and have a couple that is interested in renting the front unit under their name to live in. They also want to rent out the back sma...
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I am new in real estate world and I am currently looking deeper in FHA loans so that I can live "free". However I am not so sure how to find a good reliable tenant that pay on time. Thank you
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Hi guys,
i'm looking for an advise in how to remove money from my 401k in order to invest in a property. it is possible to remove money with out getting hit with fees? if i have an LLC can i transfer the money to the...
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Hello BP Members,I am planning to invest in a real estate syndication deal through my self directed IRA. The asset is an apartment complex and the goal is to hold it for a period of 4-5 years, make value adds to the p...
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I have been investing 401K funds through a self-directed DB plan in my company for a while, but now I have different 401K money coming in and wondering who uses retirement accounts with traditional stocks and who is i...
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I have being reading and listening to podcasts about using the IRA money to invest in real estate. I am clear on all the restrictions and I am willing to take those funds on my current account to produce more money an...
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I house hacked my Primary Residence for $580,000.00 In January of 2021 ($3,000/month PITI, 548k Principal balance remaining). I originally thought that I could qualify for the loan by myself because my 3 roommates wer...
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Question for the smart masses. I am catching up on podcast and I listened to episode 55 featuring @Jimmy Moncrief. He stated you could use a retirement account as collateral for an unsecured loan. Does anyone know an...