New Member Clay Smith from Louisville KY

[Clay Smith]

Hello. I am a new member from Louisville, KY and I have owned a duplex since 2003. I am now interested in earning more passive income. I work full time for a Fortune 100 company but have high debt to income ratio because of my student loans (Masters in Business Administration). I am mostly interested in finding "subject to" deals where I can acquire rental properties in reasonably good shape.

[Clay Smith]

I have been much more successful in the corporate world than most of my peers. I make a good income. However, I realize I will never get rich climbing the corporate ladder without luck and networks. Very few people make executive level at Fortune 100 companies. I decided that real estate would give me a level playing field where I can create my own wealth without relying on a promotion. Very few people make six figure incomes working for "the man".

I own a duplex that I bought while in college. I have rented it out for the past 10 years. I tried to leverage my 401k to buy more properties when I stumbled across "subject to" financing options. I am intrigued and willing to take risk. I would like to create enough passive income to put my new born child through college and fund my retirement.