The purchase to cash flow ratio is much higher than majority of the states in the US but again not the only states.If you need any help or want to talk more REI feel free to reach out I have done a ton of business in both states and can walk you through pretty much anything.

But if those payments feel like dead weight, Dave Ramsey’s “debt-free” mindset could be worth revisiting.Here’s a quick story to illustrate.

@Khyree RandallI completely understand how frustrating it can be when the market feels overly competitive.

We both run our own businesses but we feel that real estate will help make sure we both maintain our life plans of not needed to work as much any more.

Together, the property nets us roughly $1,400/month after expenses.Equity Split: My partner owns 60%, and I own 40%.I'm exploring ways to take out my equity without disrupting this deal, as I feel this isn't the best financial decision for me right now.

Any repair issues the new acquisition has you will feel to much greater magnitude due to the property carrying a lot of debt.

Feel free to reach out if you have any questions about the local market here or want to connect! 

Everyone will tell you it’s great to get started early, or you can just move after a year, but in the current environment in our region the rent your property will generate after you move out will likely be less than your mortgage, if you are tied to the area and feel confident you want to stay in whatever property you buy for 3-5 years go for it, if you want flexibility rent and throw that money into and index fund. 

feel free to shoot me a msg.

Feel free to reach out