I work as a travel RN 13 week contracts building up money to flip homes. My position has helped me build about 10k in cash. I own a home in Indianapolis foreclosure about 40k equity. I also have about 17k in 401k and ...
Hello investors!
Many of you talk about borrowing against a self directed IRA. I have no such thing but in studying creative financing, I heard about borrowing against a life insurance policy. I have not accrued much...
I have 4 paid-for SFRs with solid tenants in FL. All are managed by a property manager. I am ready to expand the portfolio with leverage. I have a full time job. Given my age (53), I do not want to put the business at...
I am looking to invest in a syndication using my retirement accounts. I had intended to open an SDIRA to do this, but the operator of the syndication suggested an eQRP (fancy word for Solo 401k) to avoid UBIT tax. Bas...
I am evaluating the best methods to invest in syndications, wondering if there are any tips / pointers.A single member LLC, a Solo 401k (tax advantages) or any other type of investment entity and pros/cons?
Hello BP,I’ve read in a variety of places on these forums that it is financially more advantageous to own real estate in your own name as opposed to your solo 401k. Let it be said that I’ve primarily interested in sma...
I have never been a big fan of 401k and retirement accounts in general that are invested in mutual funds. I have always thought of it as a "life deferral plan", you put money in, that is money that is lost from your l...
I built a sizable real estate portfolio cash flowing about 5100 a month. I want to know if anyone in here ever cashed in their IRA/401k's--- took the penalty and invested in real estate cash flow?
We just bought a duplex. One side came with a long term tenant. The other side is vacant. We just had a 60 y/o retired applicant, her son (in his 30s) and grandson apply. The income is 3x the rent. however the retiree...