What is the best way to utilize a self directed IRA to purchase and flip homes?I have a client that asked me this question tonight and I was stumped. Please help!
Now that I am preparing to "turn up" the metaphor "heat" on my new real estate investing career, I have heard a little of this and little of that about qualified retirement plans (QRPs). Could anyone give me advice o...
Hey All,I have been reading through posts on solo 401ks on BP and articles on the internet but I'm not quite finding answers to all my questions. I plan to roll over my Vanguard individual IRA from when I ran my consu...
What is the difference between a self-directed IRA and a rollover IRA account?I currently have a rollover IRA account. Can I invest in real estate directly with this account?
Just turned 60 and want to move my money out of my workplace investments (mix of 401k, IRAs) with Fidelity. I own 3 homes (2 outright) and one is a vacation home rental that I owe just under a 1/2 mill on. Note: It p...
Hello BP Community,
I have a question regarding my triplex in Ocala, FL. The property needs a new roof, a new parking lot, and a few other minor improvements to enhance its performance. While I have sufficient liquid...
I recently got into my first deal with a private lender in where he was willing to co-sign a conventional loan with me and fund the rehab of my first house hack for a percentage back. Originally, the plan was to pay m...
Hi All,
I’m trying to determine the best structure, and the necessary entities so that I can create a new Solo 401K (for me/wife) and rollover funds from my existing 401K. My current business (where the 401K plan exi...
What would be the downside of taking out $100k from my 401k to invest in rentals using the BRRR method? Many of the books I’ve read discuss how a 401k is a risky investment because you don’t have control of your own m...
Hello everyone! I’m new to REI and have heard that partnering with Self-Directed IRA Investors is a good solution for raising funds. Thoughts?
What’s the best way to find Self-Directed IRA Investors?
Thank you in a...