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Hello All,
I'm about to have my first formal sit down with my local banker.... I would like to get some feedback on my "planned request".
I currently have one rental property that is debt free that rents for $500....
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Has anyone got experience in using the cash advance as a downpayment, and repaying the loan from the cash flow? Has this been effective? What are some risks (aside from the high interest rate on repayment)?thanks !
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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...
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Hey everyone, the new CARES Act allows for us to make a loan up to $100K from our 401K penalty free that doesn't have to be paid back for 3 years as long as you can show hardship 2/2 to the coronavirus. Does anyway kn...
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I'm confused. Can you borrow money from solo 401k for personal use? I understand like buying your primary resident. Can you take a personal loan? Personal loan can be buying a car or anything personal like that ri...
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looking to purchase long term buy and hold in self directed IRA (roth).
Asking: 30k
Purchase:20k
10k in rehab, ARV 50k. Rents for $800/month.
I don't t have an offer, because I'm not yet se...
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I have heard that it’s possible to set up a self directed 401K or IRA that you can use to invest in your own real estate tax free. I am wondering if anyone has done this? It seems too good to be true. Each week I set ...
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I am currently using both a ROBS 401K and SDIRA to invest in real estate. I use the ROBS primarily for Fix & Flips and the SDIRA for Private Lending and Buy and Holds.There is a lot of discussion concerning self ...
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The Wall Street Journal reported today that, “the housing market has turned – at last.” It says that the Case/Shiller housing price index is finally showing the first monthly increase in house price data, after 7 mont...
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Hi all. I previously owned/managed and did all repairs for a duplex I later sold in a divorce. (Originally purchased with a private lender who has since passed away.) Now I do repairs and property mgmt for my boyfrien...