Hey @Angelo Aguirre,I feel the most powerful tool in your belt right now is the power of using an Assumable loan to purchase your next house. 

My wife and I currently have 2 single family long term rentals and would like to add this to the porfolio due to their 3% mortgage and high equity.

But, it also means more work in managing, tricky loan processes, higher start-up costs, and the risk of market changes.Lubbock, with its high need for rentals and low-cost living, is a top spot for duplex buyers.

Now I have a few thousand dollars saved up with no debt and access to about 5K in borrowing power.

The high down payment is necessary so that the DTI ratio is within the range to be qualified for a conventional loan. 

I have sellers of a t6-8 zoned property that would take 1 million right now I'm sure in Wynwood Norte. we can go 12 stories through max incentives and put 60 dwelling units on it. we entitle the land it becomes worth 3 million, then you have construction numbers, sale prices, etc. miami is crazy. the best way to make money from a professional in this industry for 13 years who lives in miami and looks at deals in columbus and miami is development and getting involved in early development opportunities of raw land in urban settings where there is very little risk and pushing high density.

Unless, MAYBE, if you buy a high end induction unit?

(kinda scary to be leveraged at such high LTV) (right?)

I want to share with you a strategy that not only unlocks the benefits of assuming existing loans but also pairs seamlessly with another powerful wealth-building tactic - House Hacking.

Powerful life lesson there.