All Forum Posts by: Walker Seid

Terrie Seid from Silver Creek is great in the boise area

Alaska is beautiful! My property is in Idaho which is also beautiful. Home prices are very high in Sitka and rent doesn't seem to keep up in terms of ROI. I plan to cash out part of an old 401k to pay back my loan.

My interest rate for a 48 month signature loan was 3.42%. I took it this month

get a signature loan from the bank for 50k and secure it with assets you already have

How would this work with $130?@. I'm new to this. Are you saying to start a roth 401k , use the money in the other 401k to buy the property, and put the cashflow from the property into the roth?

I'm interested in rolling over my 401k into a solo 401 K in order to take out money for a down payment on investment property. is this a good idea or a bad idea? I'm wondering if it is a better idea than pulling my retirement And taking the tax penalties

Thank you both. That makes a lot of sense. If the numbers work I will put a bid in.

I will be cashing out my 401k at the end of the year. I want to have money to put down on multiple properties. I have only made 10% on my money in the last couple years. I know I can make more than that through real estate with a solid plan.

Has anyone ever bought real estate on auction.com. I'm watching some properties and it says none of the reserve prices have been met on any of them. If someone has any knowledge about this I would love to hear about it.