Of course long term investments are where wealth is built, but need to find ways to quickly obtain them, which involves strategies like fix/flipping.

If you were me and just needed to get started and get my feet wet, what would you do? I

I have a 2,500sf home in Delavan, WI with lake access to Delavan Lake.

I'm Alejandro and me and my wife are doing our research to start investing in the US.

For comparison purposes, I hold ownership units in a LLC that owns a retail/service center where there is a mortgage loan that initially represented 50% of value, now about 35%.  

Ideally, I would like to use the buy and hold strategy, with a 50k budget to get started.  

As a new investor, I made the common mistake of being too aggressive, starting with seven distressed units all at once.

This forces you into an endless loop of Cancel - "Retain my benefits" What do I need to do to cancel this membership?

Are you still considering building more of a portfolio or are you happy with where you're at and you just wanna pay off the debt?

When they do, you can refinance to a lower rate.Dealing with current high interest rates (about 7% on 01/27/2025) you have the following choices:A larger down paymentAccept a negative cash flowBuy down the interest rateCombine and balance all three to get an acceptable cash flow today.