They are claiming a projected first year cash return of 8% with an IRR of 16%.

Should I focus on paying that off first before I invest or does it make sense to start my real estate journey and use the cash flow to help pay it off faster?

I’ll go first.  

Also, once I get my first house, how am I gonna get my second if they’re basing it off my income? 

Hello BP! So we specialize in higher end single family houses in great neighborhoods. We screen heavy and our tenants usually make great income, no criminal history’s, and are great tenants. We recently listed a prope...

I'm about to embark on my first commercial real estate development project.I plan to buy a ~1acre property in Georgia to construct a 20,000sqft building with the following breakdown:8,000sqft retail space7,000sqft warehouse space5,000sqft office spaceI'll be using some of the office space and warehouse space for myself.

I think you may have missed the fact that my current primary would rent for 3800 and the mortgage is currently 6125$ this means I if I turned it into a rental I’d be operating at a loss for a lot of years because that’s a huge gap so you can automatically say that I wouldn’t get any cash flow for probably the first 10 years minimum.

Maybe he can chime in.Here is a guide about choosing a custodian - https://www.investopedia.com/retirement/finding-custodian-se...I thought it was interesting reading, but especially to get one who is familiar with the asset class you want to invest in. 

I certainly would not the first to succeed from this strategy. 

I just started my career in the U.S. military and am hoping to have my first assignment in Europe, specifically Germany.