All Forum Posts by: Paul Riley

Hi @Marjo Naci

One option you could consider is to privately lend on Real Estate deals in the USA. That way, it's more passive and you don't have to deal issues that come up while you are in a different time zone.

Hi @Thomas O'Donnell,

People say "live where you want to live and invest where you want to invest."

You don't have to live where your investments are. You also don't have to start your investing journey through house hacking.

I like real estate notes because you get the monthly cashflow but don't have the headaches tenants, repairs and property management.

You could also privately lend the money you do have currently on other RE deals. That way, it is passive for you while you figure out your next moves.

Since it's 2022, its easier than ever to do business virtually. I've done all my deals outside of my local market!

Hi @Stephen Hollenberg,

I agree with @Scott E.

It is possible to close on this. I'd say try to find someone with and SDIRA who has the $245k in their account to lend it at 6%. If you have two people who know each other with and SDIRA they could create an LLC and lend it to you that way.

6% is possible to obtain from someone who has it sitting at 0% in a savings account, CD or SDIRA. 

It'll be a challenge but you can pull this together in 45 days.

Go for it!

Hi @Aaron W Cary,

One option is to privately lend that 80k out on an RE deal that makes sense to you. That way, you get a solid return on your money and it is more passive. The BRRR is great but will definitely take a lot of effort. Partnering with someone as a funding partner could be a good move especially if you're just starting out.

It's something I do in my business if you want to talk more!

Hi @Ashley D Moore,

You could privately lend the 50k out on RE deals for a solid return. Either for the short term or long term (1-2 years). That way your money is working for you while you figure your next steps.

 I got you now. Well, if you're wanting to up your quality of life, then the loan would be the way go. That would be my personal preference so that you can enjoy some of the profits now while still growing the retirement fund.

Hi @John Dersoe,

My opinion is to invest that 425k. With just a 6% return on that, you would be making $2125 per month. Obviously, that pays for the mortgage and a bit more.

If you're doing your own deals actively, you probably could do better than 6%. If you want something more passive, you could privately lend on RE deals for a solid return. You could also buy a few performing notes which are more passive.

Hope that helps!

It's definitely possible, @Jeff G.

You may just have to invest in a market outside of your own. You could also privately lend that money out on other RE deals for a solid passive return. I personally like performing notes. You could buy one, maybe two cash flowing performing notes with a 100k.

Whatever you choose, you can definitely get started. Don't let that stop you!

I'd say it just depends if you want to keep half of your funds in the standard stock investments. If you understand and real estate and want to have control of your returns, I'd put full 100k in RE!

You could also privately lend that money through your account on other RE deals if you're looking for something a bit more passive.

Hi @Melanie Collins,

My initial thoughts were what was mentioned previously, you could cash out refi and keep the house as a rental.

After reading further, even if you were able to refinance, you may not want to manage the property with your travel plans.

It may be fitting to sell the property and then invest the money in more passive strategies like private lending on RE deals, syndications or performing notes. That way, you can travel without many of the property management headaches.

My favorite niche is Performing RE notes. You get monthly cashflow like a rental, but are not responsible for property management and repairs.