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Updated about 3 years ago,

User Stats

48
Posts
15
Votes
Matt Friesz
Pro Member
  • Rental Property Investor
  • Oldsmar, FL
15
Votes |
48
Posts

Which funds to use first?

Matt Friesz
Pro Member
  • Rental Property Investor
  • Oldsmar, FL
Posted

Hello Bp!

I am getting into real estate investing. I have some liquidity and I’m starting to put offers on properties. I've found one that I'm very interested in. It's more than I was thinking I could afford, but I know that there are ways for me to purchase it. Can someone help me with being creative with my funds and OPM?

I have a $100K HELOC and $80K liquid. Should I use the HELOC first, then dip into the cash? I also have some funds in a Roth IRA. Any help would be appreciated. Thanks! Matt

  • Matt Friesz
  • Loading replies...