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Updated over 5 years ago on . Most recent reply

User Stats

11
Posts
2
Votes
Hector Martinez Rosales
  • Overland Park, KS.
2
Votes |
11
Posts

Whats my next move?

Hector Martinez Rosales
  • Overland Park, KS.
Posted

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. 

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