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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...
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Has anyone used their 401k savings to purchase investment properties or is the penalties and being taxed twice just too much? Thanks in advance.
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Here is the hypothetical scenario. The exchanger owns a property that is worth $1.4m with a $300k mortgage. Upon sale of the property the exchanger walks away with $1m. The goal is to perform a reverse 1031 exchange. ...
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Is there one website/location that would allow me to review/look through all the various Mortage Note Funds/opportunities? If so could someone please provide me with that information? Thank you.
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Hello All. I am new to the forum. Looking for guidance in relation to the sale of my rental property. I became an accidental landlord 3 years ago. I went to work for a company 3.5 years ago and bought a new constructi...
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I am planning to open a Self Directed IRA and rollover funds from an old 401K account. I want to buy and hold single family rental. However, the account doesn't have enough funds to buy the property in full. The funds...
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Hey all, I'm considering lending cash to a flipper friend of mine so he can make a cash purchase on a $200,000 deal which is requiring certified funds. His plan will is to obtain delayed financing ASAP after purchase...
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We created a LLC to buy and hold rental properties. Because it is difficult for the new LLC to get bank loan, we applied a Home Equity Line of Credit (HELOC) under our own name. Our LLC has pur...
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Earlier this month I purchased a single family home for myself. Since closing on the loan I was contacted by a friend about purchasing a duplex that is not listed on the market. Is there any possibility I can purchase...
Hey everyone, I figured it’s time to start networking and seeing what other investors like myself are doing. In 2018 I sold my two rental properties after holding for 9yrs. In 2019 I wanted to try my hand at flipping...