James G.
Suggestions/ help with a 457B cash out.
I am considering cashing out a 457 B plan in order to use the monies toward investment properties. With my situation I will Not have to pay the 10% early withdrawal penalty but would be subject to the federal/ state ...
Mushfiq S.
Solo 401k to Invest in Real Estate - Rollover Etrade?
Hi,I opened a Solo 401K via Etrade for my LLC in 2016 and deposited the IRS limit 18k + 25% of W2 income. Note that my LLC is not related to real estate. I thought I would use the 401K to invest actively in stocks, ho...
Sheldon A Baracho
Self Directed IRA\Solo401 for buying rental property?
Hello, I am new to this forum and also to real estate investing. I have been currently self employed for the last 12 years and have been contributing to a SEP-IRA yearly. I am planning to buy a Beach Condo which will ...
Rodney Buford
Pulling $100K out Retirement account for Rental Properties-COVID
Good morning BP'ers,I hope this doesn't come across as a dumb question but I am really struggling with this decision. Due to COVID-19 my W-2 income has taken a 15% decrease for an undetermined amount of time. My wif...
Jacob Miller
Roth IRA and First Time Homeowner
Would like to get the opinion of members on their experience using Roth IRA funds as a first time homeowner. Is it true that if you are a first time homeowner you can use money from a Roth IRA for a down payment? Can ...
Matthew Greco
Leveraging a 401k and an IRA
Good morning BP,I want to rant a tad and then ask some advice.I'll make the rant quick. Why did I ever invest in a 401k. They suck! Worst of all my employer doesn't match a dime.... /End of rant. 😀Ok seriously now. I ...
Anna L.
Old 401k to Solo 401k or Old 401k to New 401k transfer?
Hi, I am newbie (just had my first successful flip). My plan is to start using 401k $ to fund next flips or buy and hold deals. Here are the two options I am thinking about: 1. X-fer from old 401k to Solo and start in...
Kyle Kline
Borrowing Against Roth IRA?
I have heard on several separate occasions about the idea of “borrowing against an IRA” to build funds for investing, but am unable to find any more information about this when I search for it. Does anybody have any k...
Account Closed
How do I utilize this investing strategy?
I have read and heard about using a self directed retirement account to invest in real estate. I have a self directed IRA in a brokerage account. What steps would I need to take to use that money for REI?
Mark Prather
Hello from the greater St Louis area
I joined this group with the hopes of starting a Real Estate Investment business soon so that I can step away from the corporate life I have lived for more than 30 years.It's time for me to try something new...oh, whe...