RE investing next steps?

[Juan Mazo]

I want some direction.

I own two properties. One is a multi in CT. The others a SFR in Las Vegas

The multi was purchased in 2015. I have about 200k in equity and it’s soon to be generating about 3300 a month. Roughly a 1300 profit after taxes etc etc. last year was a down year due to evictions and remodeling. this home is on a conventional loan.

Second property is in Vegas. Purchased last year as an SFR. It's being house hacked. I'm not showing any profits, but the gf is reporting the profit from the house hacking. this home is under an FHA purchase in October 2023.

Gf has been saving and has 40k. She has a tax issue. They filed her schedule C and E flipped. In either case she's paid the proper amount of taxes, just shows she owns properties when she doesn't. In either case, we are planning to amend 2023 and in 2024 taxes be able to purchase under an FHA.

My goal is to buy more property this year. I don’t really want to wait until October. Mostly because the GF doesn’t want to hold the 40k, she wishes to invest it asap.

I was looking at a 5% down payment product that my lender last year said I could do. She said no, it’s now a 10% down payment product.

GF is ok with buying at 10% down payment.

I wish to continue doing house hacking in Vegas. However, I am also open to remote ownership opportunities.

Any thoughts on what we can do?