From my experience, you can use that savings to house hack with an FHA loan, invest in a turnkey property in a more affordable market, or even partner with others to expand your purchasing power.

I paid a flat $80 or 90 to MN renters warehouse when I first purchased there because the rent was $2,700.

We purchased 133.7 acres January 20th of 2024, we then proceeded to subdivide 4 building lots, ( two 10 acre lots,  and two 2 acre lots)  which included costs associated with septic testing,  survey & subdivision, and property maintenence required to market the building lots.

For path #2, you mean purchase & renovate a 3-5 unit building right?

Did you build that or purchased from somewhere?

Hey all,Can anyone recommend a pergola that they have purchased for their backyard and are happy with?

Quote from @Eli Kim: So I  currently have 3 properties and I want to purchase another one but the issue is I’ve maxed out DTI.

St Cloud MN Duplex, list/purchase price $259,900market rents $1,610 per unit BUT yes, if one really wanted to sec8 income standards are $1,957 per unit so one could go that direction if wanted be.

That's why I tell a lot of my clients that it's a perfect time to invest right now when you can still find the 1% rule and positive cash flow especially in properties here that are still 120-180k in purchase price.

For the BRRRR process I plan on using a hard money lender for the rehab process for the SFH's but what I'm not sure of is, should I purchase a duplex and rent one unit out and live in the other or should I just rent for now, not purchase a duplex and just purchase a SFH with cash and start BRRRR'n immediately?