If you’re focused on building capital quickly while you’re young, flipping properties could be your main strategy for now, with rental properties as part of a longer-term plan to balance risk and reward.

@Sanjida Rabbani, my real advice is: you need to find your balance of "learning" and just doing.  

But Gino can you pay your credit cards every month or do you have to carry a balance ?

Multi-Family PropertiesStarting out, it's crucial to balance potential returns with manageable risk.House Flipping: While flipping can yield significant profits, it requires substantial experience in project management, cost estimation, and an understanding of the local market dynamics.

Same, FL  beach house .. balancing increasing operational costs with lower ADR‘s and increased competition.

this really depends to on what you do for a living .if your in the real estate space with a lot of commercial loans.. your balance sheet is very important more so than your fico by a long shot.so when figuring net worth those that are leveraged to the max basically have very little to no net worth other than their cash or other non real estate investments. so its a fine line..

Unpaid balance on mortgage $55,000.In a case like that, I will say 99% of the asset manager will not redeem.

Similarly, using unit costs from your engineer, do a SWAG of the costs for clearing, stripping topsoil and balancing the earthwork, etc.

I balanced the two worlds at a W2 and a part time agent.

Your 401k administrator will help you set this up and usually you have to make monthly payments. 4) If you default on your 401k loan, the entire balance is distributed to you, then you have to pay taxes and a 10% premature withdrawal penalty.