Mindy, I am not sure I have something to say relevant to your post as it should be however, I just watched https://www.biggerpockets.com/show274 and I am enamored, dazed, fascinated, and inspired by one thing Paul Morris said which essentially is: "Hard work is something you don't enjoy doing" - Paul Morris; How is it that I haven't come to this realization until now and Paul Morris said it in such a concise and eloquent fashion?

My biggest concern though is if starting down this path will delay being able to purchase a home for my family.Also, I feel it's relevant that I add that in the long term, I am looking to build a rental portfolio to help out with the finances, as well as start offsetting my 9 to 5 income.Thank you for taking the time to read this!

Anyway, back to your scenario, if you purchase an investment property your income is not as relevant, it only needs to cover your current expenses, we use the net rent on your purchase and we added to your monthly income.

Decide on a plan, interview agents, ask agents for referrals on contractors, get on the phone with other investors, call up all the local banks and ask them about what portfolio lending products they have relevant to your goals.  

It is a conventional mortgage if that is relevant.

To be more specific, I hold real estate in Italy and Argentina and need an all in one banking solution so I can pay contractors, managers etc in the relevant countries.Thanks!

Get with a CPA and an attorney who can discuss all the relevant facts with you.

I've got two I am bidding on tomorrow so wish me luck.I suggest reading the contents of the link I provided earlier - lots of good and relevant reading on this sort of stuff.

utm_source=search&utm_medium=internal&utm_campaign=booksLastly, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.

utm_source=search&utm_medium=internal&utm_campaign=booksSimply, bone up on the areas that you need to expand knowledge in such as, Forums, Marketplace, Learn, Network, Analyze and Resources.Feast on the Podcasts, #askbp Podcasts, blogs and webinars Lastly, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.