Jerry Maggiore
Want to buy a condo but don’t want to use first time home buyer
Hi, I’m wondering if I start investing. Let’s say wholesaling; when I take out a loan to pay, am I using my first time home buyers loan? Can I buy a condo without using my first time home buyers loan? The reason I’m a...
Luna B.
Postponing rent collection to lower taxes
I need to lower my rental income for this year due to some other income coming in.I know I can prepay certain expenses at the end of the year since I do cash based accounting. Now I am wondering if would work to have ...
Weston Holt
Using Annuity loan for first deal
I am very new to this and I wanted to pose a scenario. I am a Union Ironworker in New York City. As part of our Benefits package, our employers pay into an annuity fund for us. Our union allows us to take loans up to ...
Jerry Maggiore
Don’t know what to do now?
So I was originally going to take out a loan and and buy a first home. BUT now I have an annuity with $30k in it and I want to wait a couple more years to have $70k for a nice 20% down on a house we like.(Fiancé and I...
Julia Parslow
Consolidating funds from small annuity accounts to fund purchase
Over many years of traditional employment, we have acquired several small tax sheltered annuity accounts. They were not great ideas to begin with and now we would like to consolidate all of these small funds into a r...
Aja Yasir
Would like to do rent to own. How do I approach the sellers?
Hello. I found a single family home and a duplex today that I'd like to put offers on. One is a single family. The owner is moving into a nursing home and medicaid is pretty much forcing him to liquidate his assets...
Jerry Maggiore
Buying first house/condo WITHOUT using first time buyers loan
Hi, I’m wondering if I start investing. Let’s say wholesaling; when I take out a loan to pay, am I using my first time home buyers loan? Can I buy a condo without using my first time home buyers loan? The reason I’m a...
James Park
1031 exchange vs private annuity trust
I think I have pretty good grasp of 1031 exchange but what is the pros and cons of going the private annuity trust with the sale of your real estate asset?
Michael Gessner
Creative ways to use annuity fund ???
Does anyone have experience using funds from an annuity fund to use as hard money down payment on purchases? My father just retired from the local union and we were going to borrow from his annuity to bridge the loan ...
Patty C.
What Choice To Make For Defined Benefit Supplement (DBS) Upon Retirement?
What would you do if you had a defined benefit supplement (DBS)? Would you take a lump sum? annuitize it of a period certain? annuitize for life? roll it over to a 403(B)/401(K)? roll it over to an ira?Lump sum puts m...