We over hauled our stuff in 2025 year, and got our tenants making payments via the app.

I would need to put $45,000 down upfront, with a monthly payment of about $650.

While they cash flow, we've realized we're over-leveraged and want to take a different approach.Our plan is to purchase our first investment property in Indiana, possibly paying cash, with the goal of generating reliable income.

So investors want someone with a long track record of reliable and risk adjusted returns.

She put a portion of the down payment (15K)...and of course there is a little equity...

For example, if I send my son money for books, can I do so as a property manager fee so that this is also tax deductible.4) If my son, finds the monthly payment to be to much while he is in school and I end up shouldering some of the costs, how long per IRS rules can I carry a loss on the property.Any help would be greatly appreciated.Thank you.

However, our tenant turned out to be problematic—late payments, issues that led to an eviction, and additional repair costs before we could relist the property for sale.Now, after months of making mortgage payments out of pocket, we finally have an offer.

Would it be wise to use a HELOC on our current residence to use for a down payment on a new property You can make $ investing anywhere.

The low down payment house hack is the way to go.

In short, I can afford the additional $1100/mo cost of a second house, even until I rent it out.I have around $35K in HYSA and emergency funds that I could use for a down payment, but that's less than 20% which would be required for a conventional loan, assuming full purchase price.