Typical equity build up time is 5 years, depending on your market.But can you purchase another rental using your own capital?

We would like to learn about how we should have went about it so that we can purchase more properties, minimize mistakes, and reduce our reliance on corporate life.

Purchase price: $850,000 Cash invested: $500,000 Sale price: $2,250,000 Purchased , knocked down, built new from ground up What made you interested in investing in this type of deal?

If you do have to move because of a job, you would be safest (in my opinion, i am not giving legal advice or financial advice), i would sell that property to ensure that you did not just purchase with the goal of moving out early and taking advantage of lower rates and lower down payments for purchasing your home as a primary residence. 

An experienced agent will list your property with the language, "no showings until an accepted offer", to avoid violating your tenant's rights to the peaceful enjoyment of their home - possibly resulting in their lack of cooperations and a lawsuit against you.

Keep your 9-5 job to save money to purchase real estate.

@Brian EastmanI agree that we have thoroughly enjoyed working with them and they were great to deal with.

Purchase price: $90,000 Cash invested: $15,000 What made you interested in investing in this type of deal?

I purchased three out of state "cash flow" rentals with Evernest.

Since I will be managing it after purchase, you can be certain I'm not going to sell you a bad investment.