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Updated almost 8 years ago,

User Stats

7
Posts
4
Votes
Hong Tran
  • Investor & Real Estate Agent
  • N. Dallas, TX
4
Votes |
7
Posts

Newbie from Carrollton area (DFW)

Hong Tran
  • Investor & Real Estate Agent
  • N. Dallas, TX
Posted
Hi everyone! So thankful for such an amazing portal of endless resources, contacts, and topics for real estate investors. I am gearing up in preparation for my first deal. Looking for SHR and/or multi-family. While I have some liquid reserves on hand, I like to see what other sources of capital I can easily tap into. Would like input on whether I should take out a HELOC on my house which equates to $70-$75K as an added source of investment capital. Additionally, is it advisable to borrow from my 401(k)? Pros/cons on both please... Thanks!

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