Excited to learn and connect with you all!

I am excited and ready to listen and learn everything I can to be successful. 

How exciting!

Here’s the breakdown: Loan Amount: $50,000 (max allowable amount) Interest Rate: 9.5% (interest goes back into the 401(k)) Repayment: $524.24 twice a month over 60 months (max allowable time) Total Repayment: $62,908.67 (including $12,908.67 in interest) Fees: $75 setup fee + $6.25 quarterly fee (totaling $206.25)Additionally, I have a taxable brokerage account with a modest capital gain and a tax rate of 15%.Total Funds for Investment:Combining the $50,000 loan with the funds from the brokerage account, I’ll have the down payment for another property.I’m excited about this new plan and looking forward to your thoughts and advice!

I'm excited to finally get my first property but overwhelmed. 

I’m excited to get to know you and learn from your insights.Thank you in advance for your time and input!

With your drive and determination you likely wouldn't throw in the towel even if it got really tough, but why not have the first one be a hit and be smooth and you love it and are excited to do more deals. 

I had never been more excited in my life.

@Don White$300M Huntington Place Renovations & New Detroit Hotel https://www.crainsdetroit.com/real-estate/huntington-place-renovations-new-hotel-deal-reached$200M Chase Investment in Detroithttps://www.axios.com/2023/09/28/detroit-rebound-jp-morgan-investment$44M Investment, 237 New Jobs: Bollinger Motorshttps://michauto.org/bollinger-motors-plans-44m-metro-detroit-investment/$21.5M Investment for Detroit west side Dexter Neighborhoodhttps://www.clickondetroit.com/news/local/2023/11/01/neighborhood-on-detroits-west-side-receives-more-than-215m-in-investments/$20.6M Investment, 186 New Jobs: BorgWarnerhttps://www.crainsdetroit.com/auto-suppliers/borgwarner-invest-206-million-create-186-jobs$11M, 200 New Jobs: Volkswagen Scout Brand Investment in Detroithttps://www.teslarati.com/volkswagen-scout-11-million-detroit-investment/New Detroit Developments to Be Excited Abouthttps://www.metrotimes.com/detroit/15-new-detroit-developments-to-be-excited-about-photos/Slideshow/32734721/327353923 International Companies Choose Detroithttps://www.detroitregionalpartnership.com/international-investment-comes-to-detroit-region/6 New Residential Developments in Detroithttps://detroitisit.com/6-new-residential-developments-in-detroit-to-know-about/Contact us with any questions you have.NEW LEADSSubject Line: Your BiggerPockets Inquiry to Logical Property Management & RealtyThanks for your interest in our services!

Hi WadeI came across your post and it sounds like you're at an exciting pivot point in your real estate journey.