I want to buy 5 units by the end of 2018! How should I do it?

[Jia Liu]

My 2018 goal is to buy 5 units by the end of the year. One single family and two duplexes. I will have $20k saved by next April. About $40k in 401k and $13k in stocks. Should I sell my stocks and borrow against my 401k to reach my 2018 goal?

[Thomas S.]

What is the expected total market price of the 5 units. What is your approved mortgage amount. What is your anticipated cash flow on the units. How much is your anticipated cash reserve. What is your annual income.

Planning to buy and being able to buy are different animals. You must be properly positioned to be able to make the right decisions as to how you are going to achieve your goals.

Bottom line is we need much more information in order to be able to advise.