Multi-Family and Apartment Investing
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 about 5 years ago,
How do I use resources available to start?
First of all, Thank You!
My question is: I have approx $30K in cash, $37K available thru a 401K Loan at 5.75% and $250,000 available in Unsecured LOC at 5.75% totaling $317,000. Where do I start and what's the most strategic way to use these funds to my advantage and be able to continue reinvesting in more properties? Do I tie up my available cash for a downpayment or use the loan money available? Please advise!