My wife and I have overhauled our personal budget to reflect the 'pay yourself first' approach (allocate in order: income comes in -> invest -> donate -> fixed expenses -> variable expenses -> fun $$).We are looking to see what experienced people generally recommend for a holding tank for that 'invest' allocation while we target our first real estate deal.What financial vehicles have you guys used that works well for this?

I’ve been in this space for a long time, coaching and investing, and I love helping people get started.

I'm particularly interested in what tactics people have implemented for sourcing quality deals (not the I need 100% financing bs)Would you:1.

According to NYC, STR is hurting housing affordability just like normal people can buy a house or condo near the Time Square and Madison Garden. 

Now some people may argue higher interest rates are good, as it drives out competition on new acquisitions.

Generally speaking if the people are clean the pets are also.

So they would first payoff the first mortgage, if there is a second then $ goes to the second and if anything above that goes to any other lienholders or the homeowner.There are a lot of people who invest in 2nd mortgages because they are cheaper than a first, but in Ohio (not sure all counties) you have to pay off the first at foreclosure so if you do not have the money to pay off the first you are out of luck. 

In regards to your offer, I am always willing to learn more from people who've been there and done that. 

This is a great place to learn and to connect with people so take advantage of all the great resources.

It saddens me to see millions of people strapped to their jobs, trying to protect their holy grail 401K, until they are 60, and then start taking their "distributions", having a couple of decades left to live.