Purchase price: $24,000 Cash invested: $100,000 Beautiful remodel currently on the market in Augusta GA, perfect for rental portfolio.

Most Costa Rican mortgage loans require %50 down which we have the cash for but we don't want to tie up that much of our liquid assets in one property as we intend to buy a 2nd property in the next year or so.

Usually, I buy with cash.

Should I focus on paying that off first before I invest or does it make sense to start my real estate journey and use the cash flow to help pay it off faster?

@Joe Carpyou can buy rentals with a DSCR loan, and they will not require W2 income like a conventional bankhowever, down payments will be 15-30%, so will use up your cash fasthow to scale as we sink money into each property is definitely a major challengei have done a couple successful BRRRRs that helped preserve capitalhope this helps

Without appreciation, your entire return is cash flow, and buying at a 6 cap with little to no real upside, means you will be making 6% on the deal.  

Some I know simply are not aware that you could have a cash flowing asset.

David,Reach out to @Lucia Rushton I have worked with Lucia several times and as a seasoned agent she has an a solid track record of finding good cash flowing STR's. 

cash and private money JV How did you add value to the deal?

We also have them rules, just like y'all.Replacement will be another SFR  that will be the amount of the exchange if not more (out of pocket cash to fill that buffer).