JUNIOR NELSON
What is the Best\Easiest Finance Options for SF $50K under?
i have run into this problem constantly which has prevented me from purchasing a few $50k and under partial distressed homes for a quick flip or rental. i recently applied for a hard money loan and have no problem ...
David Cervantes
Any advice would be greatly appreciated.
Hello my name is David, I’m from Dallas, tx. I’m new to the bigger pockets forums. I would greatly appreciate help with advice on what to do with my current profit of my house and how to get started. My current projec...
Mike Quealy
Question about conventional financing for third property
My short term goal is to buy a third property, type of property TBD. I have some questions about financing the deal.I currently have two properties; A single family (primary) and a townhouse that generates rental inco...
Seth Hochberg
Best Way to Pull My Money From Retirement Accounts
I'm new to the real estate game, and I'm making a hard pivot in my financial strategy on where to allocate my money. All my life, my financial aspirations have been to max out my retirement accounts, but now I am tryi...
Rich Weese
4th obstacle to creating real wealth
And by far, is income taxes. I know there are tremendous legal methods how to not pay income taxes, or to pay very little. Judge Learned Hand(his real name!) once said in a court case " it is the right of every Americ...
Andrew Lisi
Using IRA for Down Payment? Good idea?
We are looking to purchase our 1st investment property. As I'm learning more, I want it to be a 2-4 unit multifamily home that we would "house hack." We don't have enough savings for a down payment in Chicago (city pr...
Account Closed
Unlocking Wealth: Leveraging Backdoor Roth IRAs for High-Earning W-2 Employees
For W-2 employees with substantial income, navigating the financial landscape becomes strategic. Understanding the nuances of Backdoor Roth IRAs can be a game-changer in optimizing wealth-building opportunities. Let...
Sunny Burns
Buy with Cash from ROTH IRA - Refinance - Return Funds in 60-days
Has anyone done this?My Wife and I have $140k in our Roth IRA’s. We came across a decent deal that is only taking cash offers.Utilizing the once every 12-month, 60-day “Tax Free Rollover” we would withdraw all the fun...
Bishoy Takla
need to withdrew 100k for an investment property down payment
Hello BP,I need advice on what is the best way to withdraw 100k from my accounts to complete an investment real estate deal.We file separately and my wife has a lower income and 2 dependants on her filing, so I am thi...
Angela Palmer
Funds to get started
We are considering cashing in an IRA account to have funds to make our first purchase. We thought we would throw this thought out to BP to see what thoughts the experienced might have...