I'm 23 years old and plan to use real estate for my retirement, but that's in the distant future.My question is whether it's better to pay off the mortgage as quickly as possible or to buy a rental property as soon as possible.My thoughts are that if I pay off my home, I'll have security and more money each month to invest, as I won't have to make mortgage or rent payments.

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

Have you ever faced difficulty securing private funding?

Money from these investments will be used to fund more fix and flips and for every 5 completed fix and flips, we will use a portion of that capital to secure 1 rental property (either SFR or MFR).TIME FRAME See GOALS section for short and long term time frames.

someone will say yes.Feel free to reach out directly if you’d like to talk about the scripts, structure, and systems I’ve used to secure private lending deals. 

.- Im thinking of not charging security deposit because of all the strict MA laws and just using the last months rent as a sort of security deposit, thoughts?

Monetary inflation:The Federal Reserve (Fed) can increase the money supply by changing the target fed funds rate, buying Treasury securities or MBS (Mtg backed securities) to lower rates. increasing the money supply, which banks can then lend to consumers and businesses.Debt monetization.

Qualified mortgages (VA, FHA, conventional etc.) get underwritten to Fannie/Freddie/Ginnie standards and get sold on the secondary market as securities.  

For borrowers with low or mid-range credit scores, what are some strategies for securing hard money loans?

If you’re in the fix-and-flip game, you know that securing the right funding can make or break your project.