See line above.Today We’re Talkin:- The Weekly 3 - News and Data to Keep you Informed- Home Ownership Costs Double- Warning!

It's funny... beginners read all the literature written about the housing market from 3 years ago and they say, 1% rule, lots of cash flow, but don't realize none of that works when the housing prices have doubled the last 2 years, as have interest rates.  

Unless you're able to save to double your downpayment to $100k plus it might make sense just to engage in these markets you outlined and see what's available that fits your criteria.

househacking is equivalent to reducing substantial expense, and it's also the easiest.Flip would be heavy money maker if done correctly.The other one are just typical double CD rate investment LOL, 70k brings you nothing lol

I would have inlcuded in the scope of work they need to provide temporary access OR had them work double shift to get it done faster. 

I am currently selling a legal 2-family on a double lot in East Rockaway.

Now that property has almost doubled in value and can rent for 150% more then it was renting at the time i purchased 😫When I told that story to a RE friend of mine, looking for support and maybe a pat on the back…he literally called me an idiot and a P@$& for not dealing with it… that convo changed the way I looked at this BUSINESS

The plan is to sell every 4/5 years and reinvest to double your portfolio at that time.

Do you both leave all your money working and double it each year?

Double that to 40, either SFRs or unit counts in multifamily, and it should cover most people's FI number for comfortable living standards.