892: Seeing Greene: How to Retire with Real Estate and Negotiate Your Loans

Feb 13, 2024

Retire with real estate even if you're a late starter. The benefits of using HELOC vs. hard money loans. How to negotiate better terms with lenders. Strategies for borrowing money for real estate investments. Maximizing equity and cash flow in real estate investments.

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ADVICE

HELOC and Live-in Flip Strategy

Use a HELOC for cheaper, more flexible access to equity for a burr or flip.
Consider a live-in flip with roommates to minimize expenses and risk.

ADVICE

Retirement Investing Strategy

Invest retirement assets in cash-flowing real estate to generate retirement income. Consider short-term rentals in tourist destinations, minimizing mortgage risk.

ADVICE

Loan Negotiation Tactics

Shop for loans using a mortgage broker to compare terms and find the best rates.
Negotiate with lenders for improved terms by demonstrating your financial strength.

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It’s not too late to retire with real estate, EVEN if you’re just getting started in your late fifties or have NO experience investing. On this Seeing Greene, David gives his take on what someone with no rentals (or real estate at all) can do with their retirement accounts to successfully retire on real estate. But maybe you have a bit more experience or aren’t such a late starter. Don’t worry, we’ve got plenty for you too.

We’re back as David takes investing questions directly from listeners just like you. In this Seeing Greene episode, a house hacker asks whether he should take out a HELOC or hard money loan to get his next deal done. A late starter wonders what she can do to retire with real estate, even with zero experience investing. David shows YOU how to negotiate with your lender to get a better rate or term on your home loan and use “portfolio architecture” to put your “lazy” equity to work so you build wealth faster!

Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can jump on a live Q&A and get your question answered on the spot!

In This Episode We Cover

HELOCs vs. hard money loans and the not-so-obvious way to fund your next deal

How to retire with real estate as a later starter with no experience in rental property investing

Buying a house in all-cash and why now may be the perfect time to do so (if you can!)

Negotiating loan terms with your bank/lender and how to get a lower rate and better terms

Portfolio architecture and how to use your equity to design a rental property portfolio that produces the most wealth possible

And So Much More!

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-892

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