Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 3 years ago,
Am I on the right path?
I bought my first house 1 year ago for $182k, 20% down and a 3.125% rate. Since I am more on the conservative side of risk taking I paid it down to $80k already.
The house I am in is worth around $260k so I am projecting it would rent out for at least $2k.
My question is what would be the best use of my time until I have save enough money for the next property next year? Although I found my first property on the MLS I keep reading about all the deals are the ones not listed.
Any advice? I also just joined a local REIA so will be attending those virtual meet ups as well for info.