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I am considering buying property using an LLC (which has my solo 401k as a 25% member) and keep it as a rental. I would keep the expenses split 75/25% subject to the rules of the solo 401k. However, when I reach 60, c...
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I’ve been teaching people this for over 20 years. Here’s the answer. You should save your money in this order to maximize your savings…. 1. Leverage2. RRSP3. TFSA4. Non-registeredOf course it depends on your unique ...
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Hello BP Community,I have $100,000 HELOC available to invest. There's a $100,000 single family house and $200,000 multiple family that I want to invest. I have a few question below, hopefully someone with experience c...
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Has anyone taken out their 401k to put into rental property to decrease principal and interest? Thinking about doing this.
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This topic has been around forever, but it's now 2019 and the landscape continuously changes. I'm looking for a self-directed IRA which will let me hold a variety of asset classes (I currently hold cash, a mortgage n...
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Is it possible to use my 401k to invest in real estate?
Hello:Question:I wanted to ask for help and advice around money allocation. Should I put less in my 401k so that I have more money in my savings that I can use for a down payment on a rental property? Would like to he...
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Hello folks,
I am a novice investor with one property held in a traditional SDIRA. 2 bed condo with a purchase price of $35k, paid for entirely in IRA cash. I have put an additional $12k into the rehab of it, and a...
I see hard money lenders category on BP but no list of mortgage companies that specialize or work well with investors. here is what I have purchase contract for/looking to finance: 68k purchase price on a fully occupi...
Hello Hello Successful People of Bigger Pockets,
So, I have heard of being able to move monies that are in Retirement Accounts/Roth IRAs in to Self-Directed accounts in order to use those said monies to invest in rea...