How much could I borrow to buy another property or to renovate the existing properties…Against a portfolio worth 3.5 million with about 1.5 million in equity generating 15k in gross revenue?

Let's say I have a million dollar home, with 500k equity in it.

Anybody who bought land in the Riviera Maya 40 years ago before it got developed paid a song and owns land worth millions or billions of dollars today, depending on the size.

Hi all,I’ll keep this to the point as I’m sure there’s millions of posts like this.My situation: Soon to be college grad (May 22), chemical engineering job making 75K before taxes. 0 debt, 720+ credit score, and about 20K in reserves.I’ll be working in Colorado Springs, CO starting this summer and want to get some assets under my belt and there’s 2 options I see.Option 1: buy a small SFH for myself, live in it, then after a few years buy a second small SFH and rent out the other.Option 2: Try a BRRR but remain renting where ever I end up renting.Option 3: repeat option 1 but with condos instead.I have a good tolerance for risk but I want to keep things as hands off as possible long term.Background:I am familiar with analyzing deals, finding a good agent, etc., I was looking for deals (on market condos) for quite some time in MA while in college.

Is what you're saying new or has it been said a million times already?

And yes, Amazon sells million dollar paintings among other expensive items.

No need to rely on social security and 401k.The million dollar question is how do you find these deals?

If you can live with waiting a decade for several hundred thousand dollars or maybe a million bucks as your worst possible outcome, then go for it.One thing you will have going for you in 2017, that no one had in 2007, is that even with the Trump Bump, we're still in the era of historically low 30YF interest rates. 

In other words, your designer can be working on a project where the ARV is $150k one day; then the next day they can be working on a project the ARV is $1.2 million without any disruption.

A million other ways to make great money.