Hello - I've been looking to get started in the real estate investment business for a while now. My goal is to create a cash-flow generating portfolio for my family and break free of the "corporate slavery" we deal w...
Hello, my name is Jason and I recently moved to Aurora CO. I am currently in the military and am about 4 years away from retirement. I am looking at getting into real estate investment so I will be more comfortable wh...
Hi all,So I just read Scott Trench's "Set For Life" and started questioning how I should approach real estate. From what I gather, I am coming to the conclusion that I ought to take all of my extra resources and apply...
Hey everybody, I was just wondering if anybody has made use of the the CARES Act to withdraw money penalty free from their retirement accounts? I understand that you still have to pay taxes on the amount but you can s...
This flies in the face of everything that we have ever learned about retirement accounts. So I want to start this by stating that it is stupid for 99% of the people out there to cash out retirement accounts but I wou...
I am interested in transferring my 401(k) from my previous company into a Self-Directed 401(k) - NOT a Self-Directed IRA - for the purpose of investing in cash flowing rental properties. However, I don not have a busi...
I am always thinking of the long term. I only have a few units now but my plan is to buy one unit every year (by doing a cash out Refi from the previous year). The idea is to purchase enough units to suppliment a co...
Hello BP family,I am 29 and in the process of acquiring my mothers Single family home. The current value of the home is listed at around 114-116k range. She will be turning it over to me (everything in my name, Deed, ...
Greetings! I have spoken with a lender who says it is possible to use 401k money to fund a home purchase. Spoke to my 401k custodian and they weren't sure of the exact details of doing that. I'll need to look at all t...
All, I've read there are better tax advantages for using an LLC for rentals and an S-Corp for flipping. I have had an LLC and recently set up an S-Corp to start doing rehabs. I like the control features of the Solo ...