Plus the interest will continue to accumulate.

I have 3 vacation rental homes and a part time W-2 job, but I want to accumulate more hours in real estate than I do at my W-2 job

These would be individual investors who have accumulated a small rental portfolio over the years but no longer wants to be actively involved. 

Within three years of being overseas, I paid off my mortgage and had accumulated about $10K in savings.Now I was ready to start investing!

It showed that your patience in taking the time to learn the business from the ground up and then taking action to grab your first deal.Your knowledge helped to build confidence, even though you were told NO several times, there was a latent feeling that everyone else was wrong.You believed in yourself and the teachings accumulated over the months/years.Congrats on your accomplishment and thanks for sharing the details.

I do think we have a mountain of low cost debt that has accumulated over the last few years that will need to clear somehow, that could be the catalyst. 

My goals with BiggerPockets are primarily to accumulate knowledge and connections for now as I build up the down payment necessary to purchase my first investment property.

In Kenya, while property returns can be lucrative if chosen wisely, the cost of mortgage interest rates exceeds 14%, making it nearly impossible to accumulate equity through traditional OPM.Considering this financial landscape, I am contemplating the use of an LLC to invest in the United States or Canada for my next properties.

For example, when you have a lot of accumulated losses.

Hello Everyone,This is my first post on BP, as I just made my account a few moments ago, so please excuse me if my forum post is not formatted correctly.I am looking to buy my first rental property around July 2020, however I am a bit reluctant because there is one scenario that kind of scares me.Let's say I buy a rental house for $275,000 in July 2020.3 years go by and as I am paying principal and gain equity on the house, I have accumulated, say, $30,000 equity on the house (sorry if this is not a realistic number, just for sake of example)But let's say that the housing market crashes or takes a dip from 2020-2023 and the value of this rental home dropped in this time period from $275,000 to $195,000.What exactly would happen to my equity in the property because of the drop in market value of the house?