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I have a 6 months old son and he is my only kid, am planning next year (paying off consumer debts like student loans, medical bills and personal loans at the moment) to start RE investing mainly on rental properties. ...
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Anyone out there research this? My goal is to retire and live off of income of six single family home investments by age 55. They need to be free and clear and the thought was to use my 401k through the SEPP program...
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Question for the BP forum? What do you do when you are tapped out of liquid cast to jump on a deal? This is for general knowledge and also evaluating my situation question. Say you have a seller that wants out complet...
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Has anyone cashed out their 401k to try and get a greater return on their money and use the proceeds to invest in RE? I have contemplated doing this.
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I am leaving my current job and will be starting a new job soon. I want to use $10k of my 401k savings as a down payment on a 2-4 unit building that I plan on living in for a year.Can I use any IRA company to do this?...
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China said to be buying U.S. mortgages
The China Investment Corp. is set to invest up to $2 billion in mortgage-backed securities because it considers the housing market set for a recovery.
August...
Are we in a recession? Are we headed for a recession? No one knows for certain, but you can never be too prepared for an economic downturn. Are you saving money? Do you have a plan in the event you lose your job? In t...
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I’m trying to find a lender that will allow me to use the HELOC on my primary as a down payment for a new investment. Also, would a 203k loan be an option if I’m using credit to obtain the property?
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Hi Recently I have transferred After Tax 401K to Solo 401K. This is from Fidelity. I checked in Fidelity transfer detials, it says clearly Total Non-Taxable Amount for the line item. My question is, can I convert Afte...
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For those who started out with little to no money, how did you manage, and if you could start over, would you take the same route, and if not, why? What plan did you use, and did that plan become versatile during your...