To refi an investment in Texas is fairly straight forward if you are doing a rate and term to reduce the payment amount. 

I decided to go ahead and get my mid-life crisis career change out of the way now and become a real estate agent!

If someone is coming in 50-50 and you want to do a straight equity split, it is usually the easiest way to do things, or split based on what the equity contribution is.  

Each year I am out $1,000 to hang license with broker.Each year I am out $250 in education fees plus the low amount of hours to complete.Each transaction I am out $1,000.This would mean that I would be ahead roughly $35,500 to $60,500 AFTER 10 YEARS of dormant activity ($1000 times 10

After receiving my license I don’t really know what the next best steps would be for me, and I am hoping some of you would be kind enough to share your experiences just starting out, and offer any tips to getting started or getting a head start in the business. 

If you want to go straight into multifamily then I would partner up with someone who's experienced and learn from them.

My hope for this post is to maybe gain some advice from any and all seasoned re agents and brokers on how I can get a head start in the business.

He’s knowledgeable, thorough, and straight forward. 

The goal of the duplex is cash flow - at least $200 / mo (once we move out)The goal of the single-family is undetermined yet -Down the line, I'd also like to look at BRRR or other strategies where I'm doing some flips, but I don't want to get too ahead of myself just yet.I've been looking at various areas in and around Milwaukee and listening to a bunch of podcasts and webinars on how to analyze a deal and a market. 

If you also have a rental property where tenants are essentially paying down the mortgage, that can also help build equity and help you get ahead.