If you have switched jobs and your retirement is in an IRA vs. 401k, maybe consider rolling it into a self-directed account to invest in other people's deals with that money (aka private money lender, syndications, etc.)

Call the other guys before you spend your money..

Being able to enter a property with only 5% down means you can leverage your money way more effectively as well.

Have you explored alternative financing options, like hard money loans?

So short of a pandemic wiping out a chunk of our local population or something else of that magnitude, there is not really much that can change these circumstances driving supply and demand.And without changing the circumstances, the results will be the same.

You can get these with rates starting at 6.75%, and they don't require any of your personal financial information since they're an asset-based loan.One problem many lenders can run into with condos in FL is whether or not the condo is warrantable or unwarrantable.

The condo has an HOA fee of around $1,100 per month and offers the option for short-term rentals.

I only have handful rentals but hope to grow in the long run so I'm hoping to handle everything at one spot!

(In other states there are very different processes where you can actually finance foreclosures and have 30 days to close, etc, etc.)The short version for Florida is that you have to have 5% of what you want to bid on a property on deposit with this website.  

I want money now and I want to invest until the day I die.