Hi BPers,I have been acquiring properties through LLCs (SFR-5 units) by using outside investors in combination with hard money.

Also, would I even need to invest my entire cash savings to acquire a new property on my own given my current circumstances…whether it be a SFR flip or a Residential Multi… or am I over leveraging myself with 20% down?

I’m interested in acquiring single family properties.

@Kase KnochenhauerThere are posts almost every day in the forums regarding Solo 401k plans.Please see the following regarding Solo 401k vs Self-directed IRA, Considerations re Investing in Real Estate & Consideratiosn re Choosing a Solo 401k provider:Solo 401k vs Self-directed IRA:A Solo 401k has several advantages as compared to a Self-Directed IRA including the following which specifically apply to your situation:Unlike a Self-directed IRA, you can have the account for the Solo 401k at a bank or brokerage that does not charge maintenance fees and where you will have checkbook control.Unlike a Self-directed IRA, if you use leverage (which must be non-recourse financing in either case) to acquire real estate with your Solo 401k the income will not be subject to Unrelated Debt Finance Income taxGeneral Considerations Re Investing Retirement Funds in Real Estate:1.

If acquired, this could free up 10% of your cash as Canadian real estate requires a 20% down payment on secondary residential mortgages.

Hai, I didn’t say jump right into acquiring but rather learn about self storage directly rather than learn about other classes which will delay or distract you.  

How are you planning to acquire the property?

I should be able to acquire 3 to 4 properties in the next 3 to 5 months, so can keep them busy for the foreseeable future.

I understand most of the due diligence of acquiring new tenants, how to manage and how to keep tenants happy.

My interest is to start acquiring more rental properties (single family or multi-family) in St.