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Updated over 5 years ago,
Whats my next move?
Hi BP team. My name is Hector Martinez-Rosales, I am full-time Architect in Overland Park, KS. I recently made my first purchase of a single family, 2 bed 1 bath house this spring using a first-time home owners mortgage with 0 down.
As a newbie to this game, I would like to know...
What CAN my next move be?
At first I was planning on this house being a 3-5 year project where I could then sell in order to scale up to a better house as a primary residence, however I am also debating holding it and renting it out to start my re-occuring income. So I am opening up the discussion to learn what my options are as someone with little to no money for another purchase but with a goal to meet, which is to own 5 properties that can provide a minimum of $200 of cash flow monthly.