$5000k CASH FLOW IN 4 YEARS, IS IT POSSIBLE??

[Maria Luna]

Hello Investors,

I’m in need of some advice here with this plan I have. My goal is to achieve financial independence in 3 years by investing in apartment buildings. I need to get $5000k cash flow per month to accomplish this. I currently have $150k cash in savings that would like to put down as a down payment on a small apartment building. I have been looking at the Michigan market to do this, Detroit and suburbs of Detroit to be more specific. That’s one investment.

Plan for second investment:

I have about $200K equity on a SF rental. I plan to get an equity line of credit and use that money as down payment on another apartment building in Jacksonville since that’s were I plan to retire eventually. I done my research on both markets and feel confident about investing there. I have only invested in SF here in WA, which I manage my self.

What do you guys think? Am I on the right path to achieve my goal? Can my freedom number be accomplished through this two investments? What would you guys do different?

Would love to hear from investor who invest in apartment buildings in this two areas.

Thank you in advance!