Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago on . Most recent reply
What should my pitch be to my investor?
I have someone who agreed to gift me the down payment for my first purchase (Multi-family and I will be occupying). But after discussing with him about pulling from his investment account (401K), I’m not convinced that he’s comfortable with that strategy. He hasn’t backed out and I want to make sure he doesn’t. What should my second pitch be to him? How do I get him completely on board? What’s a good repayment plan method? I suggested paying back plus interest as well as any potential penalties for withdrawing. He can’t hack with me because he lives in another state, wife and kids, and works about 60-70 hours a week. I need to sell this to him!