Looking to buy our 3rd home

[Shefali Golvelker]

Hello All,

We are buying our 3rd home in OC/LB area. We have one property in Los Alamitos and other one in Buena Park, one fetches great rent and we don’t expect any issues renting other one out too. We make 1000$ on top of our mortgage payment and property taxes on our first property. For second home we are expecting to make 700-800 too. Now we are looking to get medium sized home in east Long Beach area. Around 900k. Is this a good strategy to use that income to make third house affordable?