Currently looking to buy a rental in Liberty, Missouri.Hi @Micaila Frazier, welcome to the BP Forum!

OK - but WHERE is the Buying or Selling Real Estate "page" or "section"?

I may pay off my current house (6.625%), pay off half and buy 1-2 rentals or just refinance it and buy 3-4 rentalSI’m interested to see what you decide to do as wellJustin 

Buy box: Location: Approx. 30 min drive to Boston Heights, for workNeighborhoods: Decent walkability score - not far from shops/restaurants/trendy neighborhoodsIdeal tenants: Close to hospitals/universities/schools for professionals/students/familiesBudget: $175-250K - Buying w/conventional loan, 5% down/ approx 20K reno.Property type: MFH 2-4 units - preferably side-by-side, with a yard we can fence for our dogUnits: 3+/1+ - better if 1.5/2 bath per unitTimeline: Plan to live there for 2 years, but possibly only 1 year if we find another investment opportunityGoal: Focus on appreciation - would like to see cash flow in year 2-3 (the year we move out), including overhead (Vacancies, Maintenance, Utilities) and budgeting in PM if eventually we don't manage ourselvesValue add: Opportunity for some forced appreciation, but not a full reno - cosmetic upgrades and updating kitchens/baths while we live in one unit.

I own one rental house in Cypress, but with the current market I have not been able to find another existing single family home to buy that looks like a good investment. 

Investment Info:Single-family residence buy & hold investment in Beloit.

RAD buys them back at a “discount” of up to 4%, according to the circular.RAD also caps the amount of stock it will buy back from investors at 10% or less of all the shares it has outstanding, and investors can only sell 25% of their stock at a time, although the company said in another filing that it “routinely” allows investors to cash out all their holdings despite that provision.Or the company could decide not to buy back any stock at all.

Even for investors, this can be beneficial, as they avoid riskier commercial loans that often come with 25-year amortizations, balloon payments, and adjustable rates.Now, don’t get me wrong—buying more units often means more cash flow.

If you want to scale faster, investing in cash-flowing out-of-state properties or value-add opportunities in Baltimore County could be a better move than waiting a decade to buy in Montgomery County.

If that realtor wants to subsequently be my agent for the sale of the lots I buy, I would be fine with that,  but the two activities need not be linked together.