I’m looking for some guidance on my next steps toward achieving financial freedom through real estate.My long-term goal is to acquire enough rental properties to secure my financial future.

If its a stagnant market, it becomes even harder with single family homes that can only achieve $1200/m rents.

So I was playing musical chairs with them much as you might with credit card balance transfers.  

The reason why "large developers"  finance their real estate with ease is (1) track record; (2) balance sheet/liquidity;  (3) Global Cash Flow.

A great high functioning portfolio along with a decent W2 goes a very long way to achieving your goals. 

Markets with balanced property prices and strong rental demand will be key.While rising prices and interest rates may impact cash flow, with careful deal analysis and a focus on areas with good appreciation potential, it's achievable.

If you put the property into an LLC after the fact, then the bank MAY call the loan (require you to pay off the remaining balance).

In my opinion, it is something you should sit down with an attorney who provides entity protection, so you can map out what you're trying to achieve.

After checking the online portal, I see the current balance is over $3,100, and the water was shut off two days ago.

Hi Adriana, I did a quick search on that zip code and trend data is showing it's a Sellers almost balanced market.