Your housing expense savings.Typical rent for a 3 Bed/2 Bath home is $2,300/month in that area of Charlotte.Their housing expense saved is ~$1,000 = ($1,343 (current housing payment) - $2,300 (average rent) ~$12,000 per year in housing expense savings!

Home was nice 4 Bed 3Bth under $550K with a decent size lot/yard and it only required 5% down as a New primary.Now I am not sure how big of a home you need but as you can see $100K covers much more in a scenario like that one above. 

In 1-2 years you could save enough to purchase a home to house hack.

I have had a long term interest in purchasing an investment property and I'm looking to be smarter about this.

They also claim it has 6 beds and 5 baths.

Okay I know I asked a different question earlier but I have another one considering anther situation. So this Multi I want to offer in Kearny New Jersey (NJ) has an illegal finished bathroom in the basement and finish...

I have a goal of purchasing a small multifamily this year, so I want to start making the steps to make that happen.

So any contacts, known meet ups, or especially advice for an initial purchase is greatly appreciated! 

In the NE states, AKA tenant friendly states, I would always have a PM to help protect my interests.

Hi @Scott Weston,Hope you ended up following through with purchase.