Now, I'm slowly finding out that living in or near a big city in FLA is almost as expensive as NY. 8k pension isn't going to stretch too far as time passes.

Hire a good CPA, they will guide you on what to save for taxes and how to best stretch your money.

Instead of stretching yourself thin to show off or stroke your ego, focus on building wealth so you can live like nobody else later on, put the kids through college or a trade school, travel the world, etc.

Kantian ethics are a stretch for something like this.

San Diego has not had such low RE appreciation over a 10 year stretch in over 50 years.- Over the last 7 years San Diego rents have appreciated more than $100/month per year on average.

Our strategy is a fix and flip and we're fairly confident we can be in and out in 90-120 days - still scoping the reno timeline though.A question for this group: the down payment really killed us, and so we're looking for creative ways to fund the renos and stretch our budget.

You may want to consider using lender financing to help you purchase the property, as this can allow you to stretch your capital further and potentially increase your profit margin.FIND THE MONEY Section 3: Financing Options for Flipping PropertyThere are several financing options available to help you flip property, including traditional lender financing, such as a mortgage or a home equity loan.

We may run a great stretch on the bad property and run into some issues on the good one.

I am not sure if we could get financing on other properties that don't currently have tenants because our DTI is so stretched.

If yes, then you're going to need at least 1,001 hours in a real estate trade or business in which you materially participate.1,001 hours might be a stretch for two units and would raise some eyebrows.