Hello everyone,I find myself in a challenging financial situation and would greatly appreciate any guidance you can offer.I have a pending income tax payment of approximately $200K for the year 2023, due by September 10.

This is a house of cards and could destroy you financially.

I did consider a HELOC but felt it may stretch me to an uncomfortable financial position, all things considered.

I am eager to engage with like-minded individuals who are focused on improving their financial situations.With a strong background in sales, I’m also interested in potential collaborations, particularly in wholesaling properties, where my sales expertise could be a valuable asset.I look forward to connecting with those who share similar goals.Best regards,Dan

You talk about financial security in retirement, but if you put this money into the house it is not accessible to you if a need arises.

Or outsourcedIf they've had deals that have lost money, why did they lose money and how do they prevent that again from happening in the futureIn place cap rate the property is being bought atIn place cash flow from day 1 the property will have (based on trailing financials, not projected)Debt - fixed or floating?

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@Maria Rina Boidon -  Your options can vary based on your current financial position and investment goals.

But if you are able to risk the money without damaging yourself financially and it's truly your passion, then sure. 

Real estate investmentIf you're serious about building wealth and securing your financial future through real estate investing, you know that financing can often be one of the biggest hurdles.