Maintenance and potential repairs will also require a long-term financial plan and setting aside a contingency fund for such expenses.The steady cash flow, appreciation over time, and tax benefits can make a meaningful difference to your wealth in the long term, especially with the principal paydown on the mortgage.However, if managing the property from a distance feels too burdensome, or if you’d prefer the certainty and flexibility that comes with having less debt (especially given the high mortgage rates), selling and using the $100,000 in equity to reduce your loan for your next home may be the smarter move.

You can 1031 exchange it into multiple rental properties that will be positive cash flowing in a high appreciation real estate market.

Showing a property while it’s occupied is almost never positive.

Traditional lenders won’t approve it, and hard money lenders who offer this type of financing all the time look for experience, assets, or strong equity in the deal.Partnering with someone who has financing or experience is realistic approach when starting.

Hi Everyone,
I’m Wesley, a 57-year-old entrepreneur originally from Brazil. I moved to the U.S. 10 years ago and have since started and sold four small businesses. Now, I’m curious about real estate investing.
I hav...

That being said it seems you are in the prime position to remove the largest variable expense from your equation. 

That video will go over a complicated strategy to help you get a primary home without much of a down payment and with built in equity. 

i fyour getting paid off when the vertical loan goes on.. then your in first position . so not sure what the issue is? 

Being walking distance to a SUNY campus puts you in prime position—demand is usually strong, especially in college towns where housing is at a premium.

@Michael VelezHouse hacking is a great way to start investing, as it helps you reduce living expenses while building equity.