If we do a sale, usually we'll pay off a bunch of debt or if our debt is getting high and we don't want to sell, we'll re-fi a property when our interest rate is about to reset anyway and pay everything off.

I did post a seperate one but we are also currently looking into getting an All in One loan for a second home/investment property in Texas.

If your adjusted gross income (AGI) exceeds $150K and you are not classified as a real estate professional, passive losses from rental properties cannot be used to offset your earned income.

Successful investors focus on potential appreciation, low-maintenance properties, and networking with agents and lenders.

We currently own one rental property that’s fully paid off and are actively seeking new investment opportunities.

We are planning to finance with a second mortgage and will use the property on occasion but would also like to generate an income and/or offset the mortgage.

What type of properties are you looking at? 

Who do you use and recommend for property management in Decatur, Alabama?

The property is valued between 95-105k.  

When networking on BP or in person, being clear about your goals will make a big difference.Are you mainly interested in finding rental properties, connecting with other landlords, or exploring specific asset types?