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Updated almost 6 years ago on . Most recent reply
![Kyle Coleman's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/243799/1621435770-avatar-kcoleman1.jpg?twic=v1/output=image/crop=1440x1440@0x515/cover=128x128&v=2)
W2 Day Job Question
Hello All,
I'm already an investor, but still fairly new. I have a few buy and holds that cash flow nicely, but I'm looking to branch out and grow faster rather than sit and wait for 20-25% down payment every time.
My question is this, if you were due for a raise at your day job, would it be wise (i know in almost all other cases the answer would be no) to ask for a larger one time bonus, instead of the raise. The thought behind this was that if I can accumulate enough 'seed' money, I could start doing fix and flips; which in theory could turn that raise I passed on, into much more.
In a business where cash is king, it seems like it could play out in my favor. I do have a feeling that most people are going to say, if you dont have enough cash - partner up and take the raise instead. Then use the cash from partner deals as seed money. Hm, I may have just talked myself out of it - but I'd still like opinions.
Thanks,
Kyle