Chad Bailey
Want to Use IRA $ for REI - Who Do I Consult? Tax Att., CPA, CFA?
Hello and thanks in advance for any constructive advice,Long story short, I was laid off last year and cash savings are all but evaporated. I've chosen to fund my first REI with cash from my self-directed IRA. Can a...
Chad Smith
Use 401k for investing...?
I am looking into an option for financing properties I plan to rehab, refinance and hold/lease. I'm short on funds and trying to find if it makes sense to use my 401k to help fill some gaps on capital with the plan t...
Matt Maluchnik
Bill Bronchick's Self Directed IRA from checking act??
I was at an event where the speaker (Bill Bronchick) mentions he uses his Self-Directed IRA to invest in properties; however, I can't recall the term... But he basically said he runs it out of his own check book. Alm...
Sandy Eugene
401k to fund rental property
Should I take money out of my 401k to help me buy a rental property if my job is matching what I contribute. I believe that once I take money out of my 401k that I won't be able to keep contributing and take advantage...
Luke Hamlin
Equity/Financing an Investment Property
Hello,I am interested in purchasing a recently renovated $195K property as a 'secondary' home for the next 4 years to use as a future LTR. I am active duty military and plan to use the property for deployments/holiday...
Faith E.
Question on initial saving
Hi All, I'm still fairly new here. I have been saving as much as I can on my low salary. How much do you think is a good amount to save before making the first purchase, especially knowing that there could be potent...
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...
Bernie Huckestein
Advice to secure property while setting up SDIRA
I have an opportunity to purchase a Single Family Residence which aligns with some solid investment return. I can purchase myself directly securing financing via my local bank; however, I'd rather purchase inside a S...
Djuan Snowden
Fund roth IRA, pay my taxes or keep saving.
Hello all,My question is not 100% related to buying or selling a piece of real estate but it does relate to financing and getting things in order to purchase my first investment property so I hope it can still get som...
Sarah Vaught
How to use my self-directed SEP
How can I use my self-directed SEP and personal IRA to invest? My accountant told me I could use it but would need to replace within 60 days to avoid taxes and penalties. Any advice would be helpful. Thanks! 😊