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Updated over 9 years ago on .
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From Dreamlord to Landlord
Hey Everyone!!!!!!
I wanted to get some advice from the professionals and others on the forums. I am a young real estate professional with a well paying day job, however, I have a big dream to own residential real estate as my main source of income. I currently own one two family and want some advice on how to scale with little of my own money to get to achieve my goals. I have my real estate license and mortgage loan originators license. But I am looking for more insight. I am a natural problem solver and would love to help those who can give me advice.
- What is the right realistic timeframe to make a switch?
- How many units is enough from a work perspective that will force you to commit to just being a landlord?
- What is the best funding mechanism besides friends and family to acquire property?
Justin