Also practically, building a sustainable active income through the sales business will get very far.

We are looking to purchase are first rental property to generate extra income.

By paying taxes on the income you receive from the trust, you can potentially spread the tax burden over many years.

buy multi family first to generate passive income then buy primary Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

His $300k annual income well exceeds his cost of living even after tax.

Strong secondary rental income as well

So the question is would you rather make more interest (you’re getting a higher return than you can find today elsewhere.)Or would you have your money back sooner and give up the interest income.

They are mostly high earning income individuals who don't want to spend the time and headache involve.Return wise, both will make most likely about the same if they are manage to their full potential.

I have done okay in my career and looking to start building a portfolio for some “passive” income.

(DSCR = 4.59) for the portfolio [Annual Net Operating Income / PITI]; and4.