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Updated over 5 years ago on . Most recent reply
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Jesse From SoCal looking to invest (got real Numbers)
Hello everyone! I been looking through the blog post and I am so impressed with this community (reddit watch out!)
Here is what I want to do, just like many of you I want to replace my W2 income with rental properties. I want to spend time with my wife and my three kids!
* I’m 30, married live in SoCal. Me and wife are debt almost debt free we have a RV and the mortgage.
* roughly 16k in the bank.
* wife a teacher makes 45k/year
* I am a manager at Starbucks 70k/year
I want to get started in SoCal. I am looking at the following area Riverside, Palm Springs and surrounding areas.
My questions are
How should I start? (Someone please tell me)
What kinda loans should I get?
What questions should I ask my lender?
I am looking forward to seeking help! I am totally the person that shares everything after being taught. I would pass this info forward to help the next person!
Thank you again