I'm Kira and I'm brand new to Real Estate Investing.

I’d make sure his 401(k)/IRA investments are in diversified mutual funds/index funds and not individual stocks, but a mix of RE investment income and 401(k)/IRA investments is a recipe for a strong retirement (assuming he has a decent amount saved up)

Did you mean like taking out 401(k), IRA, or other retirement account loans?

I look at my sources of cash HELOC, Cash Out Refi, Hard Money Lender, Family, 401(k), IRA, Investor, Selling a property, etc3.

@Kira Hibbert I suggest that you interview, at least three General Contractor and ask the following questions.

I can't think of any questions at the moment but perhaps you could have local contacts for syndication attorneys, solo 401(k)/IRA, insurance agents, and property management companies that handle 20 or 30+ unit properties and time for general networking.

As the mortgage loan is paid down, the amount of income subject to UBIT decreases accordingly.Solo(k)s are not subject to UBIT on leveraged Real Estate.It's always best to call a qualified Solo(k)/IRA Custodian to talk through your particular investment scenario.

Fair enough.Playing devil's advocate I'd just like to suggest that Murphy will make sure when you need the liquidity of that emergency fund the financial assets (think stocks) will be down 50% ;)I keep my emergency fund in cash.I am also leery about putting my money in government programs like 401(k)/IRA. $5 trillion in savings for a government $17 trillion in debt may just be too tempting for them not to confiscate via mandatory US Treasury debt conversions at some point in the future if we see the sovereign debt crisis come to our shores.

@Kira Volpi you may be benefitted by finding an agent to show you what parts of town you should invest in.

In Canada, Registered Retirement Savings Plans, (RRSP), are structured similar to a 401(k)/IRA.