Getting started with a low cashflow

[Hylton Tocker]

Hi everyone,

I am new to the USA and looking to invest in property with a long term goal to eventually replace part of my W2 income and also pave the way for my children to get a easier start in life.

At the moment I am renting with an intention to buy a single family home this year.

In a addition I have other cash - not much - that is sitting in a interest bearing account growing very slowly. My thought was to rather put this into a small LTR . I guess this leads to the question where could I find an affordable LTR based on my budget.

Would really love to get some advise what an experienced investor would do. I also want to understand the implications for wanting to buy a primary home as well as a rental in terms of financing.

Would be really grateful to connect and learn from you all.

Thank you