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Updated over 5 years ago on . Most recent reply

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Ryan Fincher
  • Rental Property Investor
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I bought a house before I knew what I was doing!

Ryan Fincher
  • Rental Property Investor
Posted

About one year ago my wife and I sold our starter house and bought our forever home. Not once did it cross our minds that there might be a better way to invest in real estate. This is how you do it. You get a real estate agent, find a house, buy the house and have a high mortgage for the next 30 years costing you hundreds of thousands of dollars. That just how it works. Well, come to fined out, there are lots of ways to invest and even make money in real estate.

I want to turn our forever home into something that will make us money instead of cost us tons of money every month. I’m I too late for that? Are there any options aside from selling it? What would you do?

Info:

4bed 2bath 24,000 sqft

House worth: $290,000

Owe: $245,000

Morgage: $1,520

29 years left on a VA 30 year fix @ 4.5%

Very new to real estate investing but love to learn and research.

Thanks-

-Ryan

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