I am a high W2 earner single with absolutely no write offs but need to do something other than pay a little over $100k in taxes.  

20% down payment with the rest seller financed on a 15 year note amortized over 30 years How did you add value to the deal?

If you have the cash and want to venture into buying a separate rental from your primary, I would do that over wholesaling personally. ~ Lindsey

God watches over idiots.  

They’ve bent over backwards for my business and today I have 5 mortgages with them.

Why not pull out the capital you have tied up to have a larger down payment (or even spread it over multiple properties) and maybe even keep some extra money in the bank for reserves and renovations?

Good cash on cash returns take some work, like raising rent over time, doing light value adds, etc..If you jump in and insist on high cash on cash returns from day one you may find yourself in a tough neighborhood.  

Cash-Out Refinance: If you refinance the property, you can pull out cash based on the equity, which can be used for down payments on BRRRR properties.Collateral for Loans: The farm can be used as collateral for obtaining loans for other investment properties.BRRRR Investments:Immediate Cash Flow: BRRRR properties will likely generate some positive cash flow right away.Faster Turnover: BRRRR allows you to recycle your capital more quickly, aiding rapid portfolio growth.Initial Investment: $60,000 can potentially fund multiple BRRRR properties, providing diversity and multiple income streams.Farm Investment:Emotional Value: Maintaining the farm within the family has intrinsic value that cannot be quantified.Long-Term Appreciation: The farm's value may appreciate significantly over time, providing a substantial future asset.Monthly Cost: The $400 monthly cost needs to be factored into your budget, as it’s a non-cash-flowing asset in the short term.Decision Points:Emotional vs.

Hi, yes people invest in Ohio from all over the world but, I definitely agree with the BP members that you have to have a great team for your real estate investments.

So, I do renovations all over the country.