ROLL TIIIIIDE!

One friend of mine, who owns a roll off dumpster and recycling company locally, is actually interested in renting the property already if I were to buy it.

Renting out a home is always a roll of the dice.  

Once you establish yourself, you will find deals start to roll in. 

ESPECIALLY WHEN IT COMES TO MORE TIME WITH MY WIFE.I make a six figure income and have a 401k I can liquidate to buy more properties but I’m a newbie to real state investing and I’m hoping I’m not to late in life to learn a strategy and retire early.Well, I'm 64 ...Rather than liquidate your 401K, you may want to roll it into a self-directed Roth IRA.

And I would never put a HELOC on my personal residence: risking the family home on a roll of the dice rehabbing a property for investment is dangerous, especially since in many areas we're hitting record pricing again. 

I would rock and roll.

I could also take the profit and roll it into another deal that doesn't need a major rehab (I'd be using hard money again).How would you guys go about investing that $23k for maximum return?!

I could also take the profit and roll it into another deal that doesn't need a major rehab (I'd be using hard money again).How would you guys go about investing that $23k for maximum return?!

If you do a loan the answer is yes as long as you pay it off before you quit or are fired.If you have an old 401k you can roll it over to a self directed IRA or solo 401k and invest with this new retirement Acct, but you have to leave all the gains in the account and can’t use the money until you turn 59 and 1/2.