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Updated over 8 years ago on . Most recent reply

User Stats

169
Posts
36
Votes
Andrew Merritt
  • Rental Property Investor
  • Summerville, SC
36
Votes |
169
Posts

New to REI from Summerville, SC

Andrew Merritt
  • Rental Property Investor
  • Summerville, SC
Posted

Hey Everybody,

I'm new to the world of REI. I've been doing a lot of financial research as of late and through my reading I've decided to pursue real estate as a new venture. I'm 29 and a mechanical engineer by trade and I'm looking for another income stream to pad my retirement assets.

Looking forward to learning a lot and making some money!

Most Popular Reply

User Stats

11
Posts
4
Votes
Gail Poyner
  • Roseland, NJ
4
Votes |
11
Posts
Gail Poyner
  • Roseland, NJ
Replied

Hi @Andrew Merritt

That's pretty much exactly how you would do it! The same limitations for contributions would apply for a self-directed Roth just as a Roth account. If you are interested in transferring your Roth into a Self-Directed Roth you are more than welcome to PM me. The process is fairly easy once you find an administrator you would like to work with and I would be more than happy to help! 

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