Well that's me.If your a ultra yang, you need to balance with some ying.

Extremely newbie question, but I'd love clarification.I was speaking to a lead today who's bank statement said they had a remaining mortgage balance of around $500,000.

There is no difference in time to manage respective portfolios, both require constant attention and deep knowledge.As to liquidity, most investors only need a fraction of their investment portfolio for liquidity so this risk can be managed (and should be) in a balanced and disciplined manner.Leverage aspects of real estate are far superior to equity/debt portfolios. 

A Balance sheet that will tell you what your net worth is any time of the day, time or year, as of that day. 

Zero balance) but I found that because taxes come due at end of year the files from October to December 31 had an incredible amount of information.

Current balance is about $30,000....with another $22,000 available.  

Rehab cost $20kARV is $70kThe plan:Use HML (12.75% 15yr, 20% down, 1% per $1k upfront fee, 1%/balance early payoff fee inside 1 year,) Initial purchase = "approx" -$24,000 (incl $6k down). 

I'm looking for opinions on finding a balance between keeping some money in the bank or paying off personal debt, low interest but freeing a lot of time and working as a safety net or a nest egg for the perfect deal to snap up or investing more aggressively trying to build a bigger portfolio but undoubtedly in my case sacrificing time.

I'm not saying that a 4-plex wouldn't be a good option, but I'd approach it a bit differently:Make sure that you have mastered personal finance, how to control both income and expense, manage risks by positioning your balance sheet with cash reserves, etc., and therefore as a result have some money saved.

to be fair and balanced you also have Mike H . promoting his service on almost every single thread about owner finance and sub too.. although he is more up front about it..