My family made theirs in real estate (house hacking a private money funded 4 family when I was little) so two different philosophies.

I am hoping to pull from a HELOC soon with funds up to approx 125K available to me through that.

If you’re interested in investing in real estate, you can consider doing so with a Self-Directed IRA to defer taxes on capital gains until you actually withdraw the funds from your IRA.

Equity Created: $550,000 ARV - $409,000 loan balance = $141,000 in equity.Cash Flow: The property rents for $2,950/month, covering all expenses and generating slight positive cash flow.HELOC Potential: Post-refi, I can secure a HELOC up to $86,000 (90% LTV) to fund future investments.

If the dye test fails, then the municipality may make require the funds for the repair to be escrowed in order to give a temporary permit.

When I was young I feared the day I would start pulling funds out of my IRA and/or Roth.

Partner Driven fully funded the transaction, covering the $17,000 purchase price.

I am in it and feel it is worth it as they have groups all over the country who, with experience transaction coordinators and funding groups, and even closers to help you along the way.

ThanksSuhaib I'd suggest finding a broker, they have alot of knowledge and have your best interests as a goal, insurance agents have their employers best interests as a goal.Insurance in CA will continue to increase, its lagging in inflation and all the fires are affecting it.Many homeowners are moving to self insured.The fair plan is asking for 1 billion in subsidies, purported to be funded by the carriers themselves, I have no doubt Ricardo Lara will make this happen.

I financed this property using down payment funds from 403B and a local commercial bank.