Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Personal Finance
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago,

User Stats

1
Posts
0
Votes
John Huynh
0
Votes |
1
Posts

Savings needed when purchasing multi-unit

John Huynh
Posted

Good evening everyone,

I am trying to purchase a 4-unit property. Is there a general rule of thumb regarding the amount of money one should keep in their pocket for a rainy day when purchasing a multi-unit property? My money is invested in my employer's 401k and Roth IRA. Since those retirement accounts are not as liquid as cash and I would only pull money out of those accounts in a real emergency, how do I account for the money in those accounts when saving for a rainy day fund?

Loading replies...