Don Hines
Checkbook versus full custodian SDIRA?
I am about to take the plunge with the my next step in investing using SDIRA. I thought I knew best and have been planning on checkbook. Last night we had a presentation at our club and the presenter discouraged that....
Ashleigh Flowers
Million dollar FSBO lead in my backyard!
Good morning BP! I found a million dollar FSBO on my way home from work and I want to make my first call to the owners. Im so nervous!!!! I feel like I'm on information overload and will freeze up if they actually dec...
John Tran
Refinance of rental properties
Hello BP Experts,
I have a quick question.
I want to pull out some equity from my 9 existing rentals. Each of them valued about 250K all paid off and cash flowing. First Carolina Bank of GA offer me a $750k LOC fo...
Blake Rumley
CARES Act 401k distribution to fund REI?
Has anyone used the new CARES act guidelines for 401k withdrawal? It’s my understanding if you qualify, the money withdrawn counts as taxable income but can be paid over the next 3 tax years and no 10% early withdraw...
Tim Lindstrom
Self directed IRA to help girlfriend
I know I will have to talk to someone who specializes in self-directed IRAs, but thought I'd float this question on BP first.Would I be able to use my self-directed IRA to loan money to my girlfriend, to purchase a d...
Steve Shaffer
CARES Act 401K to Self Directed IRA Hack
Hello all! I am a multifamily investor in Fargo, ND and was looking at some of the CARES act provisions regarding the 401k withdrawal (not loan). I was reviewing the docs from my custodian and that led me to the act...
Clary Roberts
Newbie from Sedona, Arizona.....
Hello there from Sedona, Arizona.....I am a 62 yr old married man about to retire from my full time job and am a licensed realtor as a part time job.My wife and I are considering and starting to learn more about manuf...
Chris Libby
Getting started investing using my retirement funds
Hello - I've been looking to get started in the real estate investment business for a while now. My goal is to create a cash-flow generating portfolio for my family and break free of the "corporate slavery" we deal w...
Mejgan Koenig
Solo 401k property purchase partnership question
Hi everyone,
We have an opportunity to close on a property ASAP.
We would like to purchase in partnership with our corporation & Solo 401k. The funds will be 50/50% from each. What’s the simplest way to do that?
Michael Lopez
Hit a Tax Roadblock and I don't know what to do
I am hoping there is an accountant that would be able to assist me with my question because I have hit a roadblock. A couple of years ago I created a Solo 401K account using funds from a frozen pension which was rolle...