All Forum Posts by: Travis Walker

@Travis Walker and I forgot to mention this as an option too, but what about house hacking? Would you consider buying a multifamily property and living in one of the units? If so, you can put down a lower down payment as an owner occupant and get better lending terms. The rent you collect for the other units can cover all or some of your living costs, and you can rinse and repeat after a year (if you buy something as an owner occupant the lender usually wants you to be there at least a year). 

@Travis Walker what cities are you considering?

Do you want to be a passive investor? If yes, build a STVR duplex for 450k or less in a vacation area in FL. You should be able to earn at least 20%+ annual ROI in cash flow by leasing your property to an experienced property manager. ( Property manager should pay for insurance ,RE taxes and furnishings)

I personally prefer STR. The cash flow is much superior to ltr. No tenants, just temporary guests. Just make sure you're buying in a market that supports STRs.

Whatever you feel more comfortable with. If you can, take advantage of the loan products with little down such as the 10% 2nd home loan. 

Whatever you feel more comfortable with. If you can, take advantage of the loan products with little down such as the 10% 2nd home loan. 

Easy one......SFH. STR.