obviously depends on goals, but I would suggest the mortgage, as leveraging the investment will bump up your ROI and enable you to use excess cash to buy more

My background is a jack of all trades; Federal Government worker, Navy, High School English Teacher, LPN, bar owner, landlord.

This allows me to keep my current job (working from home) and will enable me to create enough passive income to eventually become financially independent.Now that you all have a bit of a better understanding of who I am, I wanted to reach out for some advice from the experts:I am considering purchasing my first investment property with the goal of renting it out.

You are providing housing as a product or as service to other people, enabling their lives, potentially giving them new opportunities.So if you're looking for something a little different, check out Your Money or Your Life for a quick read.Thanks for reading!

The bottom line is that it was hard work but I now take in more money per month than I ever did when I was a teacher.

As I related on my profile, I'm a teacher and have lots of education (and student loan debt!!)

Hey Everyone,Wife and I are both teachers and looking to buy are first investment property through a TK company.

., show my work, like the math teacher said) so you can adjust to your actual numbers.

Peter,As you stated in other posts, you must get over the "overly conservative" mentality, better known in the REI circle as the fear factor.Not to say that being conservative is entirely bad, but you must find a happy middle which enables taking action!

It was easy for me to decide to join since I had spent thousands upon thousands of dollars, and time, and effort to obtain a relatively useless college degree that earned me the right to make less than a teacher.