Invest in things like Lending Club and Prosper to earn interest on my existing savings?

What looks like prosperity or a small fortune now may just barely exceed the poverty level decades from now.

I just wanted to reach out to you and welcome you to the community and wish you prosperity in your investing career.  

I know the desire to own and hold properties, i share the same sentiment but without cash it will be really difficult. the saying, cash is king, is for a reason because it gets to demand lot of others to its tune...So saying, if your analysis and research proves that you are getting a GREAT deal and that your payment back in the 401k is surely met (unless you decided to pay the early withdrawal penalty and tax) and your risk for any health/life event needs are less to none, then i say go for it...I encourage you to go forth and prosper...but if you are having any second thoughts on your course of action, then HOLD back and save up as much as you can till you are not held back with any second thoughts... just my 2 cents bud...all the best

Welcome to the BP community Kim and I wish you nothing but prosperous investments. 

I am looking for other investors in the area to share ideas and to develop professional relationships with, as I transition back into and expand my expertise areas in real estate investing as a full time activity.Thank you for having me here on the site and may everyone prosper and be well.

Happy learning and prosperous investing to you.Kudos,Mary

Happy learning and prosperous investing to you.Kudos,Mary

This is important to me because I want to be able to provide my family with a healthy and prosperous life style.

If everything you have is leveraged to the hilt and you have little in the way of liquidity, you are walking a fine line between prosperity and disaster.