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I was wondering if i did a HELOC could i use that money buy any type of property or has anyone ever had restrictions when doing so. Also would a equity loan be better?
Hi all - I have a bunch of money sitting in a Roth IRA which I’ve recently learned can be used to buy an investment property. I have enough for a decent down payment on property. Has anyone recently used an IRA to inv...
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Getting right down to it, I am contemplating cashing out my 401k and taking the early cash out penalty, to fund my first step into the BRRRR strategy. I have been self directing 50% of my account for about 3 years and...
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Hi all,
I'm trying to implement a cash damming strategy to convert some of my personal property mortgage into tax deductible debt, and I'm looking for some guidance. I have a few rentals that have LOCs associated wit...
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I have spent multiple hours reading and absorbing from the community here, and enjoyed it immensely. The attitude of selfless sharing is motivating!
I am a 28 year old newbie looking to shore up the holes in...
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Goal: Not working a W-2 job when I get out of the military in approx. 3 years. Problem: I have 2 investment properties, and no more cash. Solution: Liquidate TSP to buy investment properties? Does anyone have any expe...
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I am a new rental property investor in st Louis mo.
Looking for some general tips and things to remember.
In addition looking for sample copies of lease s , renter application, etc.
Can anyone help or Point me in r...
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I am trying to determine if it is a good idea to cash out an old 401k (55k) from a former employer to use to invest in additional properties. Isn't the 10% penalty the same as a loan at 10%?
Thinking about cashing out my IRA for a down payment on my first home.I want to buy a 3 bedroom in greater Boston. Live in one bedroom and rent out the other two.Thoughts?
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Hello Everyone,I am in my mid fifties and thinking of how to best prepare for retirement. I have about $70,000 in a 401K and wondering if it would be wise take this money and invest it in a rental/cash flow property. ...