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All Forum Posts by: Alfredo Franco

Alfredo Franco has started 10 posts and replied 22 times.

Rehabbing & House Flipping

Post: Use of retirement savings and placing home on equity

Alfredo FrancoPosted
  • Rental Property Investor
  • Corpus Christi, TX
  • Posts 23
  • Votes 8

Mr. Chance, all the info on your experience has extremely helped me out. Thank you for your reply and already it has led me to further educate myself in this matter. I understand and hope that I don’t undergo analysis by paralysis. I need to just do it. 

1 Vote
Rehabbing & House Flipping

Post: Use of retirement savings and placing home on equity

Alfredo FrancoPosted
  • Rental Property Investor
  • Corpus Christi, TX
  • Posts 23
  • Votes 8

I have a plan to take out 20 k from my retirement fund to take care of Debt and fix credit. The rest of the money I want to put towards raising the value on my paid for home and then use that for equity to have more money available to start investing in flipping and rentals.

Is this a good plan?

0 Votes