Investment Info:Townhouse buy & hold investment.

The best strategy is to buy properties that need fixed up with hard money/HELOC, fix them up, the refi out to pay back your HELOC/hard money.

I hope you're working on saving up some of your own cash since you will need that to buy more property.

Investment Info:Single-family residence buy & hold investment.

I might buy 1 property that has cash flow, another that has a great purchase price, another that has great appreciation prospects and yet another with great financing terms. 

In your case, you are probably better off buying a break-even deal in Tampa then a deal with $200 cash flow OOS.

Sorry for the tough love, but not buying the above.You & your wife's salaries should cover your expenses, while the income from your remodeling gigs should be saved.Recommend you review EVERY dollar you made and what you spent it on in 2024.

Closing in a few weeks or less@Ben Fernandez So, I assume you're buying between $100k-$150k with $50k-$100k in rehab?

If you are focusing more on turnkey's then I'd suggest partnering with one of the investment companies so you can buy a property that's been completely renovated and that has a resident already in place.

You are correct, buying a four plex is tricky here putting 3.5% down.