I'm 23 years old and plan to use real estate for my retirement, but that's in the distant future.My question is whether it's better to pay off the mortgage as quickly as possible or to buy a rental property as soon as possible.My thoughts are that if I pay off my home, I'll have security and more money each month to invest, as I won't have to make mortgage or rent payments.

Finding private money lenders out side of that takes time as you need to build your relationship with them so that they know, like and trust you AND they know you have experience in real estate.

Real Estate is not an emotional business but rather a numbers game.

If there are large deposits the underwriter will ask for a signed letter of explanation from the borrower along with supporting documents.

Banks and credit unions are having to offer very high cd's etc. to get deposits in the banks.

What are the best websites that monitor trends in populations and real estate for USA?

I'm looking to transition into the world of property mgmt.I just passed my real estate exam, and now it's time to find a broker to hang my license with.

Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction2.

And then 1031ing into something else early 2025.My Real Estate only CPA advised against 1031ing this year.TY!

And, that my husband and I can make our real estate visions a reality.