All Forum Posts by: John Renna

Hi,

I know one strategy is to borrow from the 401k .  I was thinking of doing this to put down the 20% down payment on my next deal. 

I don't currently have a deal in the works.  I just want to hear the pros and cons from anyone who has done this.

I can get a 5% employer based where the interest I pay back to myself.

The question is say the house is 150k....It is really a 180k loan.   Not sure the Cash flow would be very good for that unless you got a supreme deal.  Has anyone done this?

Thanks,

John

Long term horizon bump in the road as long as you have a "solid"  portfolio or individual stock.

Yeah scary but Im holding on, happens every so often.

 Thank you sir.

Thanks for th welcome and advice!

 Thanks 

Hi, I am slightly new to the game , late investor(47).

I have owned  a property in Delray Beach Florida before but sold it off at the height of the market.

I currently own in south florida, invested in one rental In Knoxville TN. 

  I have Brandon's 2 books , finished No Money Down(finished), starting Rental Property Investing(starting)

I'm Looking to spread my wings for the next buy and hold within the next year.

Any serious investors without fangs :) looking for a friend hit me up.

Live Long and Proper.