Those of you guys that have been at this awhile talk to me.... Is it a bad idea to use wholesale profits to pay for down payments on rental properties. Obviously one would need some cash reserves ICE. But are there an...
Every so often I talk to someone who thinks there is a way to structure yourself so you can actually use your 401K. Basically invest your 401k into your own LLC.I have never been able to find anyone that really has th...
I want to rollover my IRA into a solo 401k (I'm self employed) and borrow against the 401k for real estate ventures. Currently I use Vanguard which has the lowest fees, but they don't allow 401k loans. Fidelty doesn't...
My current 401(a) is held by Mass Mutual and they tell me that I can't roll it over to anything else. It's embarrassing that I don't know more about my own retirement account but I'm here now so I have to figure out h...
I'm an active investor rehabbing and flipping 10 or more homes a year. So this is my primary " bread and butter." Can I flip one or two homes through a Solo401k when partnering with a qualified person ?
I presently have a 401k. I am wondering if I wanted to set it up to do private lending out of it and so set it up to be self directed, how do I handle the portion of funds that I don’t want to lend out?
For example,...
Greetings: I’d like some input on using my 401(k) to purchase Rental Properties via a self-directed IRA. I understand that you need a custodian, I understand that you can only transfer the 401(k) once you have stoppe...
I have a really quick question.
So, I am quitting my job next friday, and would like to roll my 401k into a self directed 401k. I am just wondering how long I should expect the whole process to take. Also, is...
Whats your experience with these sites that auction these properties off? Are there deals to be found from them?
Example, husband and wife each own a company. Husband has a widget company with W-2 employees working over 1,000 hrs/ yr. His W-2 earnings are 180k. He has a 401k for himself and employees.His wife has a profitable sm...