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Updated over 1 year ago,
New Journey to financial freedom
Hello, I am a 27 Y/O man who is wanting to build future wealth through Real estate. I currently live in a house I bought in 2018 for much less then what its currently worth. My fiance is currently living with me as well as my younger brother and his GF. Now we are expecting our first child. My house is not big enough for us all so we decided to start looking for a bigger home. Before my fiance moved in, she was paying a mortgage for a condo which she now obviously does not reside in. I would like some help in the form of what my next steps are to start renting out our 2 homes. I have done some research on current rent prices for our areas and even if i give a lower end of what landlords charge, id make about 600$ extra. Ive seen some homes and talked to renters paying 60% above my current mortgage payment monthly. TIA!