Would like some advice

[Jeffrey Barrows]

OK so first off I am brand new to real-estate. I am 50 yrs old, my home is paid off and I plan on retirement from my government job in 7-9 years. I have 45k in my bank savings and I want to buy 2 duplexes that would generate passive income in my mid 60's. I'm worried about starting too late. Am in being realistic about having 2 properties at my age? Is there a cutoff age? I appreciate any feedback from late starters or folks who might have some insight. 😊 Thanks 

[Eliott Elias]

The quickest way to create this passive income is to pay off your duplexes cash to unlock all the rents. I would use the 45k and take out a HELOC on your primary to pay down property in cash. If you want to live off of cash flow it's going to take a lot of property to do that if it's not paid off