Instructions

Use the money you have available through your own resources. This could be from a savings account, 401K account and IRAs. Before you draw from these sources, educate yourself on how to use your own funds to invest in real estate. Know what tax ramifications there are if you take funds from these accounts too early.

Establish a line of credit at your bank. The amount you can access will depend on your bank’s policies and your financial situation. By setting up a line of credit, you can access the account and be charged fees only on the amounts you use. The remainder will not be charged until you withdraw the funds.

Tips & Warnings

Resources

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