What would you do?

[Peter S.]

Hello BP,

I am just getting started in REI and looking for some advice. My strategy right now is to get into buy and hold to start and then expand as I learn more.

I own my home, have about 179K of equity as based on my last appraisal in 2013. My 401k and Roth IRA are maxed out each year, I also have the option to buy employee stock at a 10% discount, up to a maximum of 15K per year. Right now I am putting 5% of each paycheck into that vessel and can pull it at any time, the only issue would be potential capital gains taxes.

I estimate that I have about 10K of liquid money right now to get started, plus the options above. 

As I live in a highly priced market, my biggest issue right now is capital for a downpayment. What do you think would be the best plan to get started.

Thanks for any and all replies and advice.