Usually the lender on your new purchase mortgage will allow cash out proceeds as eligible down payment contribution (provided the DTI work).

Next I'll be reading Real Estate by the Numbers.I plan on purchasing a property toward September/October 2024, so I'll be learning, networking, and getting things started until then :)Thanks for reading and looking forward to contributing to this amazing community!

@Luka Milicevic They can liquidate the cards for you (for a fee of course) so you can make purchases with cash.

Because of what my goal is with this purchase , I am open to most ideas if it works.

Purchase price: $430,000 New construction. 5.99% interest with a 5 % down.

I have purchased materials before and contractors refused to use them, typically due to poor quality.

I also retired my mother with STR property purchases. 

Purchase price: $376,000 Cash invested: $20,000 House hack owner-occupied investment turned to long-term hold.

I'm considering purchasing a commercial office building that has 4 suites. 

Hot investment topic alert: Assumable mortgages and purchasing properties with one.