Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Innovative Strategies
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 5 months ago on . Most recent reply

User Stats

5
Posts
15
Votes
Teahjsia Frazier
15
Votes |
5
Posts

Looking to purchase next property

Teahjsia Frazier
Posted

Hi everyone, happy Sunday!

I’m looking for some guidance on my next steps toward achieving financial freedom through real estate.

My long-term goal is to acquire enough rental properties to secure my financial future. In the short term, I aim to replace my monthly income from my current entry-level job, I dont make a ton of money so this shouldn't be too difficult. Since I don’t have many assets or a lot of cash on hand, I’ll need to be creative and strategic.

Currently, I own a single-family home that serves as my primary residence. I'm considering getting a HELOC for a down payment on another property. I've also heard about the possibility of buying a new property with a lower down payment while keeping my first home as a rental.


I understand that it may take time to build the capital for larger deals, but I’m committed to making it happen. I’m open to any suggestions or feedback you may have.

Thank you!

Loading replies...