Long term goal is the make this an investment property PAY IT oFF AnD hAvE IT FoR AdDITIONAL RETITEMENT INCOME Asking price is 205 Offered 200 I wanted to originally put down the 3% But after seeing the numbers (monthly) I’m not comfortable paying that amount.

If you cannot afford it yourself, partner up with someone who has the same goals.

Goal: Because I would sell it to the LLC, and use the money to pay the 10% remaining balance and use the rest for my next primary residence.

I also give educational videos on my Youtube channel: RLSProperties

Shoutout to London Ontario REI Matt McKeever for his superb youtube channel which is excellent for newbies, I feel like I know the guy after listening to him for many hours these past weeks!

Nobody can tell you what to pick - there's no "right" way, just the right strategy that fits with your situation and goals.

My goal is to buy the properties with conventional financing, repair them to a rent ready condition if necessary, and hire a property manager to rent them out.

Depends on your goals, your timeline, the amount of money you are planning on investing, the cash flow it generates, if you are married or single, your annual income, your tolerance for "tenants, turmoil & toilets", and a couple of other things.

My 5 year goal is to own at least 10 rentals while also taking on some flips.

Keep on pushing and working towards your goal.