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%?

So I'm trying to decide whether it's more efficient to invest in a traditional IRA or Roth IRA. I'm planning on retiring before retirement age, so I was leaning towards the traditional and then do a Roth conversion la...

I need feedback on this method of payment for tenants. I have given them my business bank account number and instructed them to take all payments to the bank and deposit them either by check or cash. Then send me a...

OK, Here is here I stand:

I own 12 SFRs, have loans on 4, bought the other 8 cash. Captured anywhere from $25K - $45K in equity going in on 10 of them. Good areas and schools, no war zones; solid C and a few B neig...

Does conventional loan lender allow you to withdraw money from personal line of credit or heloc as down payment of investment property ? or it has to be seasoned? Thanks

I've always felt first posts, when seeking assistance, are a lot like an AA meeting-- Hi my name is Gus and I need help. Never sure how to start 😅 Now that my ice breaker is out of the way (not that funny but points f...

I was recently able to secure three rehab deals in Baltimore, MD. I have an investment partner who is also a commercial contractor but interested in diversifying doing residential development and future buy and holds....

We've all seen the models and read the thousands of articles that say not to touch your 401(k) until you need to in retirement. However, we also don't have a lot of control of how that money is invested and the accoun...

Like most of us, my conception of one's career most of my life thus far was pretty plain vanilla - work hard, grow your W-2, and save the max possible in your retirement account. Like many others have echoed, I read R...

After repairs, we plan to cash-out refi, repay the 401(K) and rent also. If UBTI on Debt-financed property applies, does it stop when we repay the loan? Or does it start when we've afterwards collected 1,000 in rent...