Over the past couple months I've gone from having a passing interest in RE to a strong aspiration for achieving financial independence through buy-and-hold investing.

I wanted to take a moment and introduce myself as well as get more involved in the local RE community.I'm 25, moved to New York City (Astoria) about 3.5 years ago, and have a full time corporate job in Financial Services Consulting.

I am looking into getting more financial backing, if I purchase I don’t want to drag out the value adds I want to get it done raise rents and flip in 1-2 years unless I like the cash flow at that point.

My tenants know nothing about it; there's no need for me to discuss my financials with them.

This significantly increases the real cost of the property and you'd need to include these costs into your financial model.

So if I start with a duplex or a quad as my first property my goal would be to have a net cash flow of $500I intend to use the "BRRRR" (Buy, Rehab, Rent, Refinance, Repeat) method but have never used this strategy before so I still have a lot to learnIf I only close on two deals starting in 2019 then I will need to find another 20 deals in the remaining four years (2020-2024) that also meet this criteriaBeyond 2024 I plan to continue to scale even more over the next 3-5 years with an end goal of financial independence by ~2030 (meaning that I will not work a "day job" but will passively manage my real estate portfolio)Biggest hurdle: I'm going to be living outside of the US for the next 3 years and will (likely) not be able to physically see any properties that I plan to purchase.

I got out of the Marines in 2013 and spent years stuck in the rat race and I am also taking the leap into the path toward financial freedom. 

1) The financial institute one has their primary mortgage with?

It has been one of the better decisions we have made financially.

I am defiantly trying to sock in as much information as possible and learn as much as I can both from the content on the website and most from people that achieved their financial goal.