North Texas Investing

[Roger Evans]

Hi Y’all, My name is Roger, I’m a VERY new “Newbie” to the BP community living in Round Rock, TX. I own 3.5 acres and an almost completed 1 bedroom 1 bathroom cabin in Sherman, TX. I am thinking about completing it to rent it out. Would it be ideal to finish the cabin (I’m thinking it’s going to cost about 20k to finish it) and put renters in it to start bringing in cash flow and then mortgage the property to take that cash and invest in other properties? The land is completely paid for. Any ideas or suggestions would be greatly appreciated. Also, I am looking for good reputable Real Estate agents in the Sherman/Denison area. Thank you guys!