We are $35 TRILLION in debt and we want to throw another $45 BIllion after it ?

Hey, I recently bought my first rental property in Polk County it doesn’t cash flow enough for me to have a property manager so I would have to manage this myself for the time being, however in about 6 months I would want to get a HELOC on the property and use that as a down payment on maybe a multi family and then rinse and repeat, I was wondering if this sounds reasonable or would I have to do something else thank you so much 

Just have to have your props dialed in and basically the best bang for the buck those are selling very quickly..

I’m reaching out as I’m looking to venture into the real estate investment world—something I’ve always wanted to do, and now I’m determined to take action.Last year, I found the perfect multi-family house, but it fell through at the last minute, leading me to jump into a single-family home.

Single or multi-families?

I'm interested in buying and holding single-family and/or small multi-family properties.

I plan to to rent it for 3500 when the time comes (first floor with basement)We are currently looking for our next multi family but just need to figure out the best route forward for financing the purchase.Use our own money, tap into the equity here, refinance here out of our FHA to roll into another one at our new property, go the Fanny Mae route with the 5% down Multi Family home loan program. 

Hi @Rocco Garavuso if small multi family is the goal I associate upstate NY with that. 

My focus has always been on growth, and now that I'm in a position to make some moves, I want to ensure I’m making the right decisions without overlooking key factors.By the way, are you multi-state licensed or able to help with properties in Utah, Nevada, and Guam?

Turning a single-family into a multi-family is simple.