I am currently sitting on about 50k in liquid capital and am plotting my next move.

For those who are able to save more than $30k a year or have substantial liquidity (over 200k), being a landlord and especially flipping is a lot of work.

Just like I refer borrowers all the time to the top HML companies that I know wont rip people off .. and don't take up front money and actually fund the deals .. of course you need 20% down.. but if your in mid west that is usually 10 to 20k maybe 30 to 40k.. and frankly if you do not have that amount of liquidity plus reserves the last thing you should be doing I trying to flip houses... 

To qualify for the 550 you will need the following; Purchase price has to be at least 50k total loan amount has to be at least 100k.Rehab cost can't exceed the purchase price Credit score at least 550, tax returns not required, all other docs are required.The 600 program Purchase price at least 20k rehab cost at least 10k Credit at least 600 with 3 tradelines and all required docs tax returns are not required All programs require at least 15k liquid asset to be shown in bank account prior to applying.

The plan (so far): Pre- Q3 2019: Reach $130K in assets ($70K liquid)Q3 2019: Move from the west coast to NYC.

Nothing had changed on my end, in fact my liquidity rose, which normally should reduce your interest if at all.All in all if it pencils out......GREAT!

currently we live in the upstairs and are thinking about buying a 2nd home and doing the brrrrrrrr method again but not sure i should refinance this house or i guess my big question  is how much do i want to liquidate my assets? 

currently we live in the upstairs and are thinking about buying a 2nd home and doing the brrrrrrrr method again but not sure i should refinance this house or i guess my big question is how much do i want to liquidate my assets?

So I would like to offer a perspective that with every PCS you ought to buy a new property and continue that, so that the day you do leave you have the option to liquidate from all those states and consolidate your funds.

We’ve got about 30k liquid cash to invest and could potentially double/triple that as needed by selling some company stock (havent done that yet because the stock is doing well but could be convinced for the right deal).