All Forum Posts by: Marty Joyner

Thanks guys..:I was talking more about the process of how to best leverage our money and financing. In other worlds do we just use our cash as the down payment for each property?

First, thanks for responding.

We have all but decided to build a portfolio of TK properties over a 3-5 year period. With that said, we are mentally struggling with how to "scale" the business from a financing standpoint.

We have 200k to work with in cash and a 100k in a HELOC as a fallback. We are generally well positioned with W2 income with a retirement window of 5-10. We do not need the income now but want to stay the process so the cash-flow is there when it's "time". Also, we have super high credit scores and should have no problem securing a loan. We would qualify in the lower end of being accredited investors.

So...what are your suggestions for financial the first property, then the second, third and so forth given our situation and your experience?

Wow...you guys are great.  Please keep the info coming.  Lots to learn but want to start sooner than later!!

Hi Everyone,

My wife and I are both about 10 years from retirement and looking for passive income streams through REI. We are both full-time employees (20 and 29 years at our jobs) and have some reasonably successful event side-businesses.

We have been doing our research but have hit some roadblocks with regards to our initial investment.  We live in the DC area which makes takes several options off of the table.  I am from the Baltimore area and know the city well.  I also am very familiar with Ocean City, MD.

We have narrowed down the following options:

1. Buy and Hold Rentals in Baltimore County

2. Buy and Hold Vacation Rentals in OC, MD

3. Crowdfunding through RealtyShares

The bottom line is we are reasonably well capitalized and have about 200k to work with but do not have a great deal of time other than my summers off as a teacher.  We have been analyzing and over-analyzing to the point of paralysis.

Any guidance??

Thx!!