As well as having supplemental income from renting out a room.

@Austin Janiszewski if your current primary (Property A) is renovated and will generate positive cash flow after renting, consider this scenario:Instead of selling, utilize Property A as a source of supplemental income to offset the higher interest rate environment.

Without supplemental income you want to be more conservative, but with supplemental income you can stretch these a bit

They planned to buy a large apartment house and operate it through a property manager, providing them a nice cash flow to supplement their other retirement income.

You would have a property that would be doing something for you beyond supplementing your new jumbo loan.Last thing I'll say is this.

Allows a senior to remain in their home, receive monthly payments during their life to supplement SSI and other income, and home is sold at death.

Another item is confirmation from the first position lender they will allow registration of a subordinate lien/mortgage {with many residential bank mortgages here, registering a second, especially w/o their consent, could enable them to call the first}.

I recently finished law school, and would like to use any cashflow from future real estate holdings to supplement my income from my day job as a lawyer.Since I don't have any plans to leave my day job (in energy law and policy), I think the buy-and-hold strategy appeals to me most.

This approach allowed for swift action, enabling a same-day sale for $105,000.

I My ultimate goal is to replace all my income with cash-flowing properties so I can sell my business, work 100% for myself, and focus on personal interests.I am looking for resources and real-world examples for developing a strategy that enables me to become financially free.