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Updated over 7 years ago,
How should I approach this? Looking to Get Started with rentals.
I purchased my primary residence from a tax foreclosure auction about 2 years ago for 90k cash...(free and clear) Its currently worth about 250k.
I also own a commercial building free & clear I got about 5 years ago from a tax auction. I paid 10k for it its worth about 100k
I currently have 1 mortgage from 2007 for 57k that was my primary residence before my current one that a relative has been occupying and making the mortgage payments on.
My credit score is 780, and I have about 40k liquid for investing. Im looking to get started with rentals to increase my passive income.
Any suggestions...?