Tim W.
Loan with 401k as collateral?
I'm looking for additional funds to finish repairs/rehab costs. I've opened a HELOC, done a cashout refinance, and opened a business credit line for the LLC already. I'm trying to be creative and find extra funds if w...
Jeff Lulek
What tax benefits can high income earner get from real estate?
I have always been curious how how significant my tax benefits can be from the purchase of real estate. So a little background info on me so you understand why I ask the question.... I am a current multi-unit restaura...
David Carroll
Thinking about dumping my IRA to start real estate investing
Looking for your thoughts- I have both a Roth and Traditional IRA. I’m considering rolling them into a self directed IRA or solo 401k but hate the thought of a custodian. I’m also considering just pulling it all out a...
Dean Suzuki
Where do folks put their emergency cash reserves?
Hi,
I have been reading the posts and have set aside money for an emergency funds for our rental properties. The funds are currently sitting in a bank savings account earning close to 0.01% interest. I am w...
Austin French
$1,000,000 401k to Real Estate at age 60 for retirement
I am a new member on BP and this is my very first post. It amazes me all the people on BP that are so willing to help. In advance, I appreciate any and all information/help. My father is 59 years old and has $1,000...
Christopher Bannister
How to use Retirement Funds for Investing
@Amanda Han, I could use your help here...Meanwhile BP Nation, I need to know if it would be wise to move my money from a simple IRA to a Self-Directed IRA. I listened to Amanda's Podcast show #49 and it just seems t...
Steven Harris
Paying almost 50% to close is normal?
Me again seeking the outside perspectives of those of you who aren't new to this RE investing/flipping venture as I am. So I was told about a simple cosmetic fixer that's off market asking $70k. This sounded like a pe...
Nathaniel Birdsong
Advice: Credit score 670
Hello community. Here is my situation, I would love some advice/feedback:I have worked as a full-time real estate broker for several years now and done very well. I have helped several investors and am confident I can...
Tim Crosby
Looking for More Information on FHA Requirements
Hello everyone!So for the last few weeks or so, I've been looking at buying my first duplex. The original idea was to house-hack using an FHA loan in addition to a down payment assistance program offered in my area. W...
Joesph Stark
paid off house, not in llc what deductions can I take?
Hello,
Here is my situation that I've been having very difficult time finding a CPA who can help.
My wife and I have 2 houses, the one we moved from was my personal child hood home valued at $320k and has 0 mortgage...