Hi BP SDIRA experts. I'm looking for some advice and opinions. Here's the scenario:$30,000 in a Roth IRA - I'm tired of investing in the stock market and excited about real estate investing. I'd love to use this mone...
We are very new to investing in real estate. We have our primary residence and then bought our first STR. What is the best way to purchase more STR properties without going cash broke from all of the down payments by ...
Should I withdraw 401k to pay for down payment for first rental.
A property manager I recently hired asked me to sign a form giving his firm permission to credit my account for rent deposits, as well as permission to make withdrawals as needed. He noted that he has never made a wit...
Hi, all. If securities are transferred from Roth IRA account to a traditional IRA account, is it deductible as if they are new funds being transferred in? Thanks
I was listening to podcast #49 and @amanda han who is a cpa said that if we currently have a 401k with my current employer, that i can transfer that money to a self directed 401 and then use that money to purchase rea...
62,retired,zero debt. Buying 1st house monthly income fromSS and small company pension is $2720,I have $1,520,000 in a rollover IRA. My question is should I just withdraw money from IRA and buy the house, or is there ...
Hello BP Community. My name is AJ and I’m based in Phx Arizona. Me and my girlfriend are planning to get into the reAl estate game and want to begin flipping properties. Not so much buy and hold or rentals but buying ...
Seeking some guidance from you guys! I need to help my father who is disabled with a inherited traditional IRA. He is going to be receiving it next week from Chase and then we are going to transfer it to Vanguard. Fro...
I have this Idea of taking a 20% withdraw for a down payment out of my 401k to avoid PMI costs and down the road to grow my properties to gain financial independence. I understand all of the consequences like 20% fed ...