DiscoverBiggerPockets Real Estate Podcast881: How to Use Home Equity, 401(k)s, or IRAs to Invest in Real Estate w/Kyle Mast
881: How to Use Home Equity, 401(k)s, or IRAs to Invest in Real Estate w/Kyle Mast

881: How to Use Home Equity, 401(k)s, or IRAs to Invest in Real Estate w/Kyle Mast

Update: 2024-01-292
Share

Description

Got home equity? Great, because today we’re showing you how to use home equity to invest in real estate, even if you’re low on cash. But maybe you’re still saving up to buy your first property. Well, we’ve got you covered; we’re also sharing the TOP ways to use your retirement accounts—your Roth IRA or 401(k)—to invest faster than ever before and even lock down your first property in 2024!


Joining the show is Kyle Mast, fellow real estate investor and CFP, to talk about all the ways you can invest in real estate that you didn’t even know about. And if you’re like many Americans, you’ve got home equity just sitting there, waiting to be used, so today, we’re walking through how to unlock it so you can build wealth faster, retire earlier, or renovate that rental you just bought!


Kyle goes over the multiple ways to finance these investments using a home equity line of credit (HELOC) or retirement accounts like Roth IRAs and 401(k)s, the special program new homebuyers can use to get their first house faster, and why you DON’T want to cash-out refinance your property just yet. Ready to start? Let’s get into it! 


In This Episode We Cover

How to use home equity or retirement accounts to invest in real estate 

Cash-out refinances vs. HELOCs and the EASY choice in today’s high-rate environment 

How to qualify for a HELOC and whether you can get one on your rental property 

The 401(k) loan where YOU act as the bank and what to watch for BEFORE you get one

The first-time homebuyer cheat code that lets you access retirement funds with NO penalty 

How to make COMPLETELY passive income by “lending” your home equity 

And So Much More!



Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-881

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Comments 
In Channel
loading
Download from Google Play
Download from App Store
00:00
00:00
1.0x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

881: How to Use Home Equity, 401(k)s, or IRAs to Invest in Real Estate w/Kyle Mast

881: How to Use Home Equity, 401(k)s, or IRAs to Invest in Real Estate w/Kyle Mast

BiggerPockets