Lending - if you have $100,000 liquid and are not afraid to lose some money or to wind up with a house you lent upon that had to be foreclosed that might be for you.Single family houses have a lot of options.

You can find investments greater than 7% (needed because taxes to offset your 4.875 mortgage rate)So paying down your mortgage traps that equity whereas investing it and making it liquid gives you more flexibilityThat I the first thing I would do.Okay, so cut back on my $1k prepayment.

Hi BP,I've been considering selling my personal residence to free up some liquidity and then leasing it back for some period of time (say, 6-12 months).  

The benefit is you can make an illiquid asset liquid & in exchange collect royalties from people buying/selling fractionalized pieces of the property on a secondary marketplace along with the standard price appreciation of the property.

Even if you're doing a BRRR and your lender will end up "covering" 100% of the rehab costs, its a reimbursement and they don't front it, so you've got to consider your cash flow (liquidity) and make sure you have enough cash for the downpayment, some of the rehab, and then get reimbursed for the work, and then do more work, etc.

My thoughts were as follows:I wanted to have approx $40K in cash reserve liquidity (in case of emergencies).

exactly.....we had a tenant with Roaches crawling over the bed of her disabled child when our pest guy went in to spray. 

CA went through a deep dive after the loma Preita earthquake and the first War in the mid east and things got really bad.. they had 250 different properties  student housing senior  MHP ( land development that I ran) and of course apartments galore and they could not sustain and it all got liquidated and I found myself out of a job..

But the difference is with a REIT, you own shares in a company holding many assets, and they are liquid.

Hi everyone,Just started real estate investing this year and bought a triplex in Rochester NY.I’d like to focus my attention on Cleveland OH now, looking at multifamily in the $75k- $100k range.Needing lending advice, specifically on liquidating credit cards.Best Neil