I am potentially interested in converting an existing Roth 401K to a self-directed account that allows for real estate investing. What is the cost/ benefit in your experience with making this sort of move? Currently t...
Hello all,I've been retired for a couple years with no income coming in. I'm interested in purchasing a small multifamily - anywhere from 2-6 units.Is it possible of obtaining a loan with no income? My credit's been g...
So I am rolling over about 30k into a self-directed IRA this year that I'm looking to put to work efficiently. I understand that is really too small for syndications with 50k minimums. What passive deals if any can ...
Hello all, I have been investing in both a ROTH SDIRA and a Traditional SOLO401K plan for a few years now and have things going pretty smoothly. Once I found out about SOLO401Ks, I stopped buying with my ROTH SDIRA du...
Hello, looking for a copy of an operating agreement to use for a "Checkbook LLC" out of my SDIRA in Colorado. I found this one for CA, but would like a CO specific one.
https://www.firsttuesday.us/co...
We were hit with a bit of bad luck this year. Our grown son became ill and we are the caretakers, looks like it maybe long term. I'm 64, plan was to retire in 6 yrs. Finances are screwed due to medical et al. Debt $33...
Hello BP members!I've listened, read and debated a lot of material about using retirements funds in a self-directed IRA to invest in real estate. The rules seem really cumbersome and complicated, and since I'm still f...
Hello,Thank you for taking the time to read my post. My wife and I are trying to help my in-laws with their retirement plans. They currently own their home and are looking to retire in the next 5 years. My wife and I ...
I am self employed and I was thinking about opening a solo 401k to roll over some money form a previous employer to invest in real estate rental. I was wondering if all the income I earn from using the solo 401k to in...
I have read a lot of books in finance and real estate since my early 20s, but one thing that has always been consistent in my readings for the past 18 years is the wealth profile of millionaires. In chart above you ca...