I want to share with you a strategy that not only unlocks the benefits of assuming existing loans but also pairs seamlessly with another powerful wealth-building tactic - House Hacking.

Up top on the left you will see a tab 'Build Your Team'.

Consists of 3 buildings each different style.   4400mth total rent produced.   400k ask- 1 duplex, 1triplex type homes - 5 doors, really old home (1940ish) currently in C to D condition. 2600 total rent produced, 155k ask- 2 Single family homes - 2 doors, really old home (1940ish) currently in C to D condition. 1800mth produced, 150k ask- 2 Tiny home sheds- 2 doors, 800 total produced mth.  40k ask. 

@Zeliang Zheng I don’t know how many units you are looking to get into but I’ve got an 8 unit building and a 5 unit building that have given me plenty of confidence to go larger when I find the funding.

Not a high cost of debt/capital at all, so we are not concerned about the balloon payment.Regarding long term goals, we plan on building slow and steady over the next 10 years, but then have them all paid off within about 20 years for retirement income from the rentals.

We are purchasing a 6 unit Apartment building in a small central Texas town. 

A 24-month loan would be preferred so you can build up the last 12 months of cash flow for the property. 

I now want to look into "flipping" new construction or spec home building.

Looking into single family houses or multifamily, as there is an actual land that you own and potentially build ADU/DADU in the foreseeable future.

Building a real estate business that way is a house of cards (pun intended).