Here is my current financial situation: My primary residence is paid off and my current equity is worth about 200k.

@Kusum Chanrai One way to speculate on heavy upside is turning to areas which are soon to be better served by public transportation, for example Chinatown which will soon see the extension of the Muni Metro T Third line through the financial district.

Financials below.Our question today is with 25%-30% down for the acquisition, how much do you all think a bank would loan for?

When you're financially ready to do so, you can then tackle the third unit.

It took 6mo to find the ideal first property that met our financial goals.

That being said im currently looking for a financial partner if your interested send me a PM. other wise best of luck.

One, and this is the absolute key to financial success, is spend less than you make. 

Hi BP community, I'm seeking everyone's advice.  My goal is to generate $6,000 a month in cash flow in 10 years so I could have the option of quitting my job if I wanted to.  I'm hoping to purchase my first rental pro...

So go through your financial due diligence, inspections etc.. before forming your LLC.

They can ask questions but they listen and learn.I review buyer financials before we start working together.