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Hey everyone ! I am in the process of finding and analyzing deals to do my first flip. I just found and went to look at a deal where the rehab will require more funds than what me and my partner have saved up. We were...
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A potential investor asked me today how can she take her 401k money and invest in multi family deal with me? Can she invest that 401k money with me without getting taxed or penalized? She is younger than retirement age.
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Good afternoon! My wife and I are interested in rolling our Roth IRA into a self directed account. We would like to be able to do buy & hold investing as well as note purchasing with this account. What experience ...
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Hey BP Forums Users!I wanted to start a discussion on Self Directed Retirement Plans. I have a couple 401k plans that I have not rolled over into a Self Directed Account and am now starting to look at this option. I...
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Cash out question
My plan was to buy property using my heloc, whole lot cheaper than Hard money or private. Fix it and Then do cash out refi and pay my heloc back in 3-4 months.
I was about to get qualified with cr...
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I am a first time homebuyer looking to purchase a multifamily unit (duplex/3plex/4plex) in the San Antonio/ Boerne area. Ive been in contact with a real estate investor friendly realtor I was matched up with through t...
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Hello,
Can anyone tell me how to take money out of my 401k to buy a property without being penalized with all the taxes? Or even if there is a way to do it.
Thank you
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Okay I’m needing some advice on my business finances. I purchased a mixed residential portfolio in April with 8 units. All need improvements ($5k-$10k/ unit) and rent can be increased substantially.(Current GMI $3676...
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Quick question here. If I open an SDIRA, how much of the balance can be used for investing? Can I invest it all and have a zero balance, or will I need to keep a certain amount in reserve?
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Just wanted to share! I am 25 and married! We bought our 1st rental (duplex) last year and it has been great so far. We have been searching for another duplex for a while, lost out on a few chances so have been pretty...