He has cultivated relationships with hedge funds to purchase notes, with property preservation companies to assist in the care of the collateral and servicing companies to service the notes and facilitate the work outs.

Rentals for preserving wealthFlips for building warchest and Obviously decide exit strategy in advance.

A 1031 exchange defers all taxes by reinvesting in a like-kind property, preserving capital for long-term investments but adds complexity and future tax obligations.

Regarding Rob Beardsley he grew up in Silicon Valley and learned about real estate and tech from his parents, who ran a real estate brokerage firm from home, thus he had a built-in mentors and good networking to start with in addition to the capital that his parents have preserved for him so he got a good jump start.

Use hard money loans to finance most of the purchase price, preserving your cash for down payments, renovations, and reserves, allowing you to handle multiple projects.

Their promise to package your properties into a commercial loan after reaching 5 properties could free up your DTI and provide a line of credit for scaling.Consider delaying aggressive HELOC repayment to preserve cash for new purchases, and explore portfolio loans or DSCR loans as alternatives.

@Robert Quiroz Financing allows you to leverage your $1M to acquire multiple properties, increasing diversification, cash flow, and long-term equity growth while preserving liquidity.

What's your risk tolerance at this point, playing more aggressively or preservation?

Condos can be a good way to get started in real estate, especially since the lower purchase price and potential for a smaller down payment can help preserve your savings while giving you an entry point into the market.

Since you are retired, you want to preserve that $200k and make it grow I assume?