We have taken two scouting trips and have connected with a great Realtor who has been very helpful.

I’m a truck driver recently just moved out my apartment to cut expenses and start this journey of planing the long game with real estate.

Good news is rates are starting to trend down and property values are still growing.The cash out can serve two puposes it can help pay off some high interest credit cards and be used for a down payment. 

The main one and two in the basement?  

I would suggest either going with an FHA loan or 5-10% down loan. from my experience selling two homes i owned to Naca buyers ..

I feel Ike they pivoted quite a bit in the last few years since city and subsequent county license requirements spurred an STR plateau and the motivations are a bit deeper and multi-purposed now.Take parallel economies, such as Uber/Lyft, the ONLY two TNC license holders in the state and each year pay an excise tax of a few hundred thousand a piece, if not more (just for the permit, not including the whats taken from drivers).

The buyer pays me twice per year (two large payments, one every six months).

If you really can’t afford the payments and don’t want to house hack you can wait until you’ve been there two years and sell.

Decide which game you want to play.

Find a tenant who wants to own but who needs a year or two to qualify.