Given the fact that the Baby-Boomer generation is retiring and interest rates are high (making a buyer's market) I should be in a good place.

I have also run the scenario of putting extra principle payments into the conventional mortgage, but we cannot put away as much, because we have to bank for large purchases down the road.This spreadsheet takes into account that my wife takes a drop in income in the next few years to care for babies (growing family), also factors in major expenses on the rental property, and assumes that we have 10% rate on the HELOC to be conservative. 

We were devastated that our baby had been trashed.

And if you need to move because something in your life has changed, like a new job, a new baby, or a marriage – waiting that long may not be an option.Creative Financing Options in Today’s MarketSince rates aren’t expected to decline as much as originally expected, it may be worth considering alternative financing options that could help you get into a home sooner rather than later.

Wasn't sold, and it wasn't even close.You have to baby that investment for 30 years. 

Hi there,Congrats on building such an impressive portfolio at 34—and with a baby on the way, too!

We both are in W2 and want to take this RE journey one step at a time, baby steps(scale the next 5 years and further).

Plus, I'd prefer to take baby steps before investing out of state where I could better afford a 25% down-payment.

After three years of managing all businesses and properties, we built up our capital and transitioned into full-time investment in Multi-Family Commercial Units.Since then, we moved to Nashville, TN, got engaged, and have two beautiful fur babies.

I'd look into sound reducing alternatives before you throw the baby out with the bathwater.