The sooner you buy, the sooner you start having someone else pay your mortgage.

Here's a breakdown for a rent-by-the-room investment property in Denver: - 6 beds/ 3 baths- Purchased in March 2024-Monthly Income: $5,300: Master: $1000; 2 large bedrooms upstairs $900; 2 bedrooms in basement: $850 and one small bedroom for $800-$300 Reserves-$3500 Mortgage Payment-avg $500 in utilities=$1000 in monthly cash flow! 

You may run into issues with lenders as a family member is leasing the property out though.

There are lenders that have a 5-8 program and some that go up to 10 units.

I recently came across this "FHA construction to permanent Loan" option which seems almost too good to be true, so I wanted to get some input on how this works and where I might be able to find a lender.

I have had so many people asking me for help re financing in Mexico that I'm studying whether there's a way I can get involved in that business to be able to help them.Finally, something to bear in mind that the best deals in Mexico can be more profitable if you pay cash than a deal with a mortgage in the US.

It's not "the rent minus the mortgage."

Zillow Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Go to one of your banks that you have a mortgage with and get a debt consolidation loan with a two year term that allows prepayment and has a fixed rate.

Because I bought them cheap at tax sales I have no mortgages on them.