Since my strategy would definitely involve house hacking, I was thinking about house hacking with a mixed-use property.It could be interesting to evaluate as a strategy, but only if I can access financing with a low downpayment.How would that work from a financing standpoint?

There is a lot to consider when evaluating property and cash flow is only part of it.

We set up our infrastructure and are very organize and thorough, and through the year we made some significant progress and went on a learning phase to get better each day and closer to our first deal.As foreign investors we have to rely on hard money which gives a less edge, and face uncertainty with contractors not knowing real pricing and such.We are constantly on the look out for new investment opportunities.The problems we are facing right now is not knowing good contractors and the high competition on the MLS.We just started learning more about off market properties and sending direct mail.We would like to hear from your experience what should our next step be as newbie investors, and if there are some foreign investors here with tips.Thank you so much guys, best of luck to all! 

At such a low interest regime that we have now, whether you put all your pay into a re-draw facility before spending any of it, and progressively withdraw out of that, or, do what I suggested, will make a negligible difference to your payout time.In fact, my way could help your discipline, because once you make principal-only payments, you don't get to re-draw them again!

As we progress through 2024, commercial real estate shows a mixed landscape influenced by economic factors like inflation and labor market shifts.Office PropertiesThe office sector remains strained, with vacancy rates at a record high of 13.8% in July.

It’s a work in progress but I think it will pay off when its time to automate.

My own personal househacking progression was SFH, SFH, Duplex, SFH, Duplex.

Getting StartedWhat's the best strategy for a beginner to start with, especially if aiming for quick progress towards financial independence?

Typically when one of my units turns over I evaluate the entire unit to determine what needs to be done to get the most current market rent for it.

I will keep you updated on my progress