Bob McMonagle
Self Directed IRA
I am interested in possibly moving some of my ($100,000) (Currently Employed) 401K into a SDIRA so that I could have better access to the funds so I may use them to Rehab a couple of Properties. I would most likely u...
Bret N.
Too Many Deals
I have a very good problem. I have a ton of deals varying from flips, land developments and folks who just always call me because I have invested my character into that "Do The Right Thing" business model and I ju...
Shawn H.
401K
What does everyone think of 401k's, ROTH IRA's, etc? Would anyone cash in a 401k to pay off an investment property? Some doom & gloomers predict a 5000 dow by years end. Is it better to diversify with 401k and RE?...
Tom Kelly
Is this legal?
My CPA is coming on Saturday to discuss this but I like and value different opinions in particular from other experienced professionals.I have set up a self directed real estate IRA and will fund it with $100,000. I w...
Ludmila M.
What are the cons of taking out ROTH IRA contributions?
My husband and I were thinking of taking some money out of our ROTH IRA for the REI business. The amount we'd withdraw would be around 20% of our overall retirement funds. We are in our 40s, if that matters.Aside from...
Sherry Byrne
Sell house for 200k and invest? Or pay off home loan?
Which would you do? I am 63yrs old. Own about 1/2 my portfolio of 55 rental houses with no debt at all. I have also paid off my own personal residence years ago. And I like not having a house payment. But I took on a ...
Levi T.
How many deals did you do this year?
I'm interested in seeing what others are up to in terms of volume. How many deals do you do per year, and what methods do you use? It does not matter if your buy and holding, flipping, or wholesaling.I'm doing around ...
Marvin Meng
Self Directed Roth IRAs
Hi BP-ers!Recently my REIA hosted a speaker from a firm who write self-directed IRAs. This seems like a valuable tool for investors but when I spoke to my accountant about it she said they could only be opened by indi...
John Casmon
Need 401K transfer to SDIRA Tips
My previous employer was forced to close shop and I was just told that they are going to send me my 401K funds. I've decided I want to use these funds to invest in real estate (I have a separate IRA from previous 401k...
Page Huyette
How did you first start using your Self-directed IRA?
I'm in the process of converting a 401k into a SDIRA and was wondering if any fellow BPer's would care to share what has worked or not worked for them using this investment approach. Is it best to purchase individual...