It will probably save you a lot of time and headaches to go that route.

Focus on covering your costs and saving, and you’ll be ready for your next move in no time.

Quote from @Terry Ouimet: Used a broker to help me find Olympus for FL str, tweaked some things saved $100/mo.

If I’m not mistaken you put around 50% down but I can connect you with a lender to get better info

Please contact us if you can help this family recover their life savings.

If the answer is yes, then it's a no brainer to make minimum payments on your 2.8% interest rate mortgage, and use the funds that you would have paid extra to pay it down faster, to either invest in more real estate, the market, or anywhere else where you can get a ROI > 2.8%.If the answer is no, then feel free to aggressively pay it down as fast as possible, to become debt-free faster, and just have a large amount of money in savings or to splurge with.The bottom line is that your 2.8% mortgage is GOOD debt.

@Melissa StanleyEven if you set up an LLC with a partner there is no inherent tax savings by owning properties in an LLC.

A follow up question I now have would be do you think its smarter to completely pay off the first property before buying a new property or to keep going out and buying new properties once i have enough saved up for the down payment along with extra fees?

.- After closing, you can do some of the work yourself to save money, but the program doesn't allow you to pay yourself.You will want to buy a Class B property, maybe Class C+, in an area that seems to be improving.

Maybe some missing info?