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All Forum Posts by: Fernando Fernandez

Fernando Fernandez has started 1 posts and replied 1 times.

Post: Am I on the right path?

Fernando FernandezPosted
  • Rental Property Investor
  • San Antonio, TX
  • Posts 1
  • Votes 0

I bought my first house 1 year ago for $182k, 20% down and a 3.125% rate. Since I am more on the conservative side of risk taking I paid it down to $80k already.

The house I am in is worth around $260k so I am projecting it would rent out for at least $2k.

My question is what would be the best use of my time until I have save enough money for the next property next year? Although I found my first property on the MLS I keep reading about all the deals are the ones not listed.

Any advice? I also just joined a local REIA so will be attending those virtual meet ups as well for info.