All Forum Posts by: Marco Acampora

I've been a server at a high end restaurant clearing $55,000+ every year, but only showing $15,000 on paper. I currently have 3 single family homes mortgaged with the bank, and no longer can keep building my real estate portfolio due to very low employer income, so it looks like i cannot support another mortgage. any way around this to keep building? is private lender at high interest rate the only way? HELP please

I currently own 3 condos, that provide around $100 net each month in passive income. condo fees seem to be eating away at any positive cash flows. My question is should I sell my condo with the most equity in order to buy a larger, or more positive cash flow property? or continue to let my tenants pay down the principal I owe?