yea we have alot of money in low cost index funds as of now. they work great in between saving for a property with cash.I've though about leverage but between the p and I cap ex maitnance vacancy and all the other stuff it is cheaper to buy the condo with cash then up and sell it when I can buy the duplex. taxes are high here for homes on there own lot the condo is closer to 1 percent property taxes were as single family homes and duplexes and such are closer to 2 percent to 2.2 percent so that is a big reason why it makes more sense as of now.yea just this first duplex I want to pay cash for. after that I have no problem with leverage. but if we live in it it's gotta be paid for it creates a very stable rock so if the wind blows hard I am protected and have no worrysit really helps ease my anxiaty disorder and will prevent a stroke at a early age. a large reason as well is we cant qualify for a morgage that large.

I'm asking from a standpoint of creating systems to put in place at the start of  future projects and not necessarily about specific current issues. 

The goal is to create capital to begin developing passive income, enough to start planned investments. 

With only one investor, you can def do the LLC and create the partnership that way also. 

I’m 29 years old and I’m just trying to create a better life for my family and I feel that this is the best way to do it.

Earning what you create for self mastery helps give purpose in life.

Hi Adam,I would recommend paying your Contractor's on a Payment Schedule that is broken down by Category.I typically create a detailed Scope of Work for the project that is broken down by categories (Demo, Electrical Rough-in, Plumbing Rough-in, Drywall, etc.). 

Hi, I am looking to build a rental portfolio this year and was looking for some referrals for a good CPA and attorney who are real estate savvy.i have tried to find some online, but none are real estate-friendly. any ...

You can create an LLC and invest through your LLC

This past fall I created an LLC, opened a HELOC against my primary residence, and used that to help close on my first investment property (bank owned REO) in the Southeast quadrant last month.