In order to pay off the gap lender you'll have to be able to create some equity and pull it out, from that property or another in your portfolio.

I currently work with investors looking to build their portfolio with single-family, long-term rentals while managing for them on the back end, making is hands-free for the investor to still work their W-2 job and live their everyday lives and spend it with family, hobbies, etc. 

Hello everyone,My husband and I are working to build a rental portfolio.

Check out this podcast from BP, with Dave Meyer and Chris Clothier from Nov.we work with clients all the time in your situation and can help strategize your portfolio to reach your 10-15 year goals!

It is perfect for a portfolio size of 5-15 units. 

That being said, that decision has resulted in a portfolio of over $200MM and my life has absolutely been changed.

I purchased my first home through NACA to actually live in and I'm curious on how to build my RE portfolio from here.

I have a very small portfolio, but will throw in my 2 cents for what it's worth.Overall, I would have done the same thing you did.1.

The situation allows for an excellent opportunity to work with a property manager and build trust.I am looking to gradually build and scale my real estate portfolio in Atlanta by purchasing one property each year.

My wife continued to be the administrator of record with the state as we added homes to our portfolio and she would assign the house manager as the administrator designee for the home.