I can no longer contribute to a ROTH IRA and am looking for ways to accumulate more liquidity long-term to continue purchasing rental properties.

We have stared the project about a month ago, completely new interior including adding new HVAC all new electrical, flooring, cabinets, tops and so on along with new driveway exterior paint and some siding.My contractor is also an investor, so we were lucky there, good insight to share and also, he has lots of leads for renters.But he is NOT a good photographer LOL. here are some progress pictures .Also, I will like to share that we are closing on one more single-family property early next week and we have a duplex under contract._________________________________________________________________________________________________________________________________________10/12/2024.

Hey BP,Currently a partner 50/50 and I have a dozen properties under one LLC.  

It seems this owner put in way too much, another words over paid, for a rental. 

If so, does it matter if it's in the state we're trying to buy property in? 

Purchase price: $90,000 Cash invested: $40,000 Sale price: $1,650 This 100+ year old, 3 bedroom home, is ready for new owners to bring it back to life.

Purchase price: $90,000 Cash invested: $40,000 Sale price: $1,650 This 100+ year old, 3 bedroom home, is ready for new owners to bring it back to life.

Awesome, congrats on the first rental property! 

Can I owner-finance the house to someone if I still have a loan on it? 

My goal for right now is to gain some funds through wholesaling properties and then eventually obtaining a couple rentals in the next few years.