Id like to enjoy another stream of income to eventually phase out my day job, so that I can focus on acquiring commercial properties as well as a business or 3.  

My thought is to use a HELOC for the down payment on a new property (20% down), then once I acquire it, do a cash-out refinance to pay off the HELOC while keeping my original low rate intact.

Managing 25 properties worldwide, I’ve scaled operations to generate $1M+ annually, which led to acquiring a hotel in Costa Rica.

Once we acquire the last 2 properties we will shift from acquisition to debt paydown.Paul I have to underline what you are saying, because this message needs to be heard. 

I have been very successful in helping clients acquire Airbnb homes and creating themes and uniqueness for their homes to be more appealing and marketable.

This way, you’re still acquiring one property per year but growing your portfolio exponentially. ahh that's great advice!

Hey John, if your priority is security paying off the mortgage in 5-6 years would give you a solid $4K/month net.Alternatively, you could use the HELOC to acquire a few rentals, likely in out of state cash flow markets with strong price to rent ratio.

Hello,I acquired a condo through the tax sale deed in Harris County a week ago.

Purchase price: $325,000 Cash invested: $50,000 This time I acquired a property that needed little to no work.

The IRS has strict rules when it comes to related-party transactions in a 1031 exchange, especially when acquiring a property from a family member’s estate.