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Brad Bedel
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Working up to getting my own properties

Brad Bedel
Posted Jan 17 2024, 14:51

First post here just looking to get some advice on my strategy of acquiring my first properties.  I'm a single male, that makes about 100k a year I purchased a home back in 2015  in the financial housing crash in the neighborhood of 50k (now worth in the neighborhood of 225k) my plan is to pay off my current property by the middle to end of this year. I plan to save back between 50k and 75k in cash the year of 2025 and potentially refinance my house along with the 50-75k cash  for a total of around 230k ish to buy a couple of properties with hopefully at least 1 I should be able to pay for outright. But I'm wondering if it's the right way to go. 

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