Additionally, strong tax planning is essential, as your W2 income limits your ability to deduct passive losses.

@Berry Starnes, @Evan O'Brien Its really not a complicated process.Once you log on to your TSP account online; on the left tabs there is an option for TSP loan.

@Tim RogersI believe there are income limits that if you exceed specific income (cannot remember the number) it greatly reduces or zeroes out any deductions from a REPPeople a lot smarter than me can confirm

Not much in terms of online reviews as far as I can tell

.: New to REI & BP, and debating my first move.My Background:30, single, no kids, no property, high income, fully remote worker$300K to allocate toward real estate (+ $100K/year after tax)Currently renting in NYC but planning to move back to LA (hometown) in summer 2025 or the following yearTired of paying rent and want to start building equityMy Dilemma:1️⃣ House Hack in NYC – Stay a couple more years here, buy a small multi-family now and offset costs with rental income.

For your scenario, a DSCR loan could work well if the property’s projected rental income can cover debt payments, but most DSCR lenders don't include renovation costs directly.

If I do, I need income to get me to 59 ½ because I can’t access my retirement accounts until that age.

Most 1099s are available online now, and if not, you can always scan them to an electronic format.

Consider connecting with local REI meetups, hospitality groups, or even online forums like this one to find like-minded investors.You could also pitch your successful track record to potential equity partners.

Hey everyone,I’m both a Private Money Lender (PML) and a real estate investor, and I’ve been seeing a lot of questionable "lenders" popping up online.