What would you all advise as far as taking money out of a 401K to use as a down payment for our first rental property? I know 401K's are not popular but I have two different ones, which I know I would pay a small pen...
Hello, I've been reading a few books about real estate investing and I ran into using your current 401k and turning it into a "Real Estate IRA" to purchase investment property. Has anyone else heard of this?
I am a beginner follower in interest in real estate investing. The biggest question for me is do I need good or great credit to start on this real estate journey?Thank you,Monica
I have been researching for my first rental property. I have a pretty substantial amount of savings in a rollover 401K. I have ~$40K-$50K available for investment in cash but have a substantial amount in 401K saving...
Hello BP Family,
I am currently employed full time as a scientist in the biotech sector and, alongside my dedication to science, I have a passion for real estate. Being a sociable individual who enjoys connecting wit...
Wondering how many of you use illegal aliens for help with your rehabs. Does anyone check out their contractor to make sure he is not hiring illegals?
Hi guys,My name is Kusmayadi, but please call me Han.It is really great to be in BP. I just read several forums and blog. I think that this is the group that I've been looking for.I'm very new in real estate investing...
I have been reading and educating myself over the last few months on real estate investing as it has been something I have been interested in. One question I was wondering is if anyone knows if 401k accounts are consi...
Looking to secure a loan for a home but running into some issues. Here's where I'm at: Self Employed (less than 2 years). Wife has W2.Recently refinanced primary residence (less than 1 year).Can put down 20-25% down...
Where is a good place to buy and hold a rental property?the purchase price can not exceed 300K,should not have negative cash flow, after expenses and paying a property manager.