All Forum Posts by: Dionte Washington

Hello everyone, I'm at the beginning of my real estate investing journey and I'm wondering what my next move should be to get into multifamily. I decided to make a post and see what kind of guidance I could get. 

So the situation is that I own 3 homes. All 3 homes are in Dayton Ohio and 2 of them are free and clear. The home that still has a mortgage is worth about $140k to $160k after updates with the current mortgage being $70k and is currently occupied. The other homes are worth about $30k to $40k each but both are in low income areas. My father lives in one of the low income area homes and the other needs approximately $10k worth of work. What would be a good next move to transition to multifamily?

Also I'm 29, resides in Indianapolis, $60k a year job, hardly any debt, and have about $1k a month worth of expenses. 

Thanks!