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All Forum Posts by: Jonathan White

Jonathan White has started 1 posts and replied 2 times.

@Bill S.  Aside from my 401(k) it's the only major savings I have at this point. I had the idea of borrowing versus an early withdrawal. My job seems to be stable for the time being. Nonetheless, a gamble either way it goes.

Should I try and find a mentor over trying to tackle flipping or wholesaling?

Which is better in the current Denver market?

Is there any way I can leverage my position inside the bank to find deals?

I need a little advice as I prepare to take the plunge into Real Estate Investing in 2017.

A little of my background I am 33 years old. I have been working in the mortgage industry for close to 8 years for one of the nations largest lenders. Father of three kids. Currently, I have become jaded with corporate America and want to step out and become my own boss. Have time to enjoy breakfast with my kids and family. Be there to pick them up from school and do homework. You know the little things in life.

I have a couple questions that have come up as I have been researching this endeavor.

1. Is it a prerequisite that I own my own primary residence before considering investing in other property? 

2. In Colorado, currently is it better to wholesale(flip) property or buy & hold?

3. Would you agree it would be a good idea to pull from my 401(k) for my first deal?