Hello BP Community,I am looking to do my first property flip, but am needing to get a little creative on the financing side due to minimal cash on hand. Although my liquidity is limited, I do have a decent amount of c...
I just graduated from college with a bachelor's in business administration. I want to find a job that will pay me a lot of money, even if I have to work 90 hours/week. I want to work like crazy for a few years so I ...
Hello! My husband and I are learning how to invest our money into real estate. Right now we have about $5k in equity in our home, and $17k in 401k. Great credit, we have also been approved for an investment loan. My f...
Hello everyone,So my business partners and I are thinking of starting an S Corp vs an LLC that can be taxed as an S corp. I just wanted to ask what are some of the benfits tax wise and if someone can send me a contac...
I have a 401k from a previous employer and interested in the idea of using a portion of those funds for long term returns (buy and hold rental properties). I have two questions.1. How does a self directed IRA differ...
Hello everyone, I have been busy learning from these forums and decided that it was time to create my first post. I have questions regarding the Solo 401K and starting a small business. Here goes:
Where I a...
Anyone have a good MTR furnished rental agreement they would be willing to share?I have one I have drafted up but would love to compare against others.What are some items you always included in your MTR rental agreeme...
Hi all,I have a decent amount of money saved in my retirement. I am looking to finance my first owner occupied house. I will get settled in it and immediately pursue other opportunities while I house-hack. My question...
Hello everyone! I have a 401k with a company I work for. Although my career used to be with this company, I have started a contracting business in the last few years. However, I am still employed by this company on...
I’m considering cashing out my 401(k) and IRA funds to invest in more real estate and would appreciate any advice or insights on whether this idea is viable.
Current Financial Situation:
Significant savings in 401(k...