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Updated over 6 years ago on . Most recent reply

Khalid Naziruddin's profile image
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Khalid Naziruddin
  • from Woodlands Tx
  • Member since Jan 1, 2019
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Khalid Naziruddin
  • from Woodlands Tx
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Khalid Naziruddin
  • Woodlands Tx
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Marketing Your Property

Investor or save for the down payment

Khalid Naziruddin
  • Woodlands Tx
Posted

I am just now starting off with real estate investing. I'm ok with finding an investor but my wife would rather save for the down payment on our own. If we save the money on our own, we will be looking at 2 years before we can buy. 

If we get an investor, of course we can get a property within the next 6 months.

I have a pretty good amount in my 401K and could also borrow against it.

Thoughts on this topic?

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Matthew Paul
  • #2 Contractors Contributor
  • from Severna Park, Maryland
  • Member since Aug 25, 2013
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Matthew Paul
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  • from Severna Park, Maryland
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Matthew Paul#2 Contractors Contributor
  • Severna Park, MD
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Matthew Paul#2 Contractors Contributor
  • Severna Park, MD
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Listen to your wife . She is partner number 1

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