But even better is that you'll have enough equity there to where you'll be able to refi sooner and pull all your money back out so you can grow more. 

The stodgy that most of the investors that I work with use is to make sure that every 1-2 years they look at their portfolio and capture the equity to help grow their wealth.As a benefit for the investors that I work with we have partnered with a company that we met at BPCON that looks at this exact thing.

I enjoy learning and growing as an entrepreneur, investor, business owner, and person.

Flat fee buyer agency is new but growing quickly since the August 2024 agent compensation rule changes/lawsuit settlement.

If you borrow against the equity, you'll need to include that payment in your calculation, as well.You make 3x the average income for Pennsylvania at the age of 32.

Even though there are multiple variables to assess here, what's the age of the property? 

@Maria JeanetteTax Advantages: Income and gains grow tax-deferred (or tax-free if using a Roth SDIRA).All Costs Through the IRA: Expenses (repairs, taxes, etc.) must be paid from the IRA, so ensure it’s well-funded.You might also want to consult a CPA or attorney experienced with SDIRAs to ensure compliance with IRS rules and maximize benefits.Best of luck!

I am currently hunting down my first deal and cannot wait to start growing my portfolio.

Tulsa offers a fantastic combination of affordable housing, a growing job market, and a strong sense of community.

Get your credit cleaned up, ditch the car payment and find a side hustle to grow capital.