If you have to lose a few hundred a month on a long term tenant, it might be better than selling it.

I agree with @Shawn Ackerman I would start applying the cash flow to debt pay down.!

Quote from @Akintunde Aboaba: I’m looking to start investing in real estate this year and would appreciate insights from experienced investors on the best strategies in today’s market.

A home equity loan seems like a possible way to expand my portfolio, would consider buying a multifamily and renting out our current home to live in one of the units and purchase it as a primary home (assuming its 4 units or less), but being in the Santa Cruz CA area, I am afraid I'll need to look outside of CA for any deal that makes sense, and can't afford to lose my great job (can't work remotely).  

If you default, you'd lose all that has been invested in the property.

Over time your Tampa investment will start to cash flow.

Hopefully, not an expensive tenant or Fair Housing lawsuit.100% of what @Travis Biziorek states is true, but he left out a key fact - he lived in the Detroit area when he started investing here, so was able to self-manage and meet everyone he had to hire face-to-face.

The opportunity cost of losing potential market gains in your retirement fund should also be considered.

Question• Has anyone formed an llc to start and fund their 1st real estate purchase using a SBA loan?

I'm looking to purchase my first rental property and have been searching for a deal that would generate positive cash flow based on my projections. However, finding properties that would cash flow with a 20-25% down p...