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Hello all, first-time poster on bigger pockets. Sorry in advanced if it's a long complicated post! I'd been listening to the podcast for about 4 months or so, even started getting prequalified for a mortgage but never...
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Hello everyone!I'm interested and have been reading about SDIRA and had some questions I was hoping to get answered.(1) Once the money is transferred to a custodian and a property is found all profits go back into the...
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Hi BP family!I've spent months in researching my next move with my 401 (k). I've made the decision that I will rollover my 401 (k) to a self-directed plan which would allow me to start investing in Tax Liens and perha...
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Yay! My first post!I'm wanting to buy my first rental property in the next six months. I can go and get a mortgage on a rent home, or I can cash out my IRA from a previous job. I am now a public school teacher in Texa...
I'd appreciate any wisdom you experienced SDIRA posters can share on this specific situation:My deceased mother's trust includes a commercial property worth ~$1.5mm. The beneficiaries of the trust are my two siblings...
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I would like to know which companies you are utilizing for your solo 401k and why.
Thanks for the feedback.
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Hi Everyone,I wanted to get your opinion on something. I have a close friend that is changing jobs and has a good amount of money on his 401k saved up. He is wanting to partner with me on some deals and was asking if ...
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I keep hearing stories that people are using their 401K to invest in Real Estate. How do I about taking out my 401K without getting penalize or having to pay it back?
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I was talking with the guy at MySolo401K about trying to open a Solo 401K. I have a Sole proprietor LLC since 2009 where I was doing consulting and training. My business did really well, but almost 2 years ago, I star...
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Hey all!Super new to BP but I've been scouring the site for info about using retirement funds to invest, and their overall value compared to REI. The amount of knowledge is overwhelming, but I'm hanging in there.My 40...