Hi there,

I watch BP's youtube videos and I find it inspiring. So, I want to do it too. Here is a bit of background:

W2: 53K/yr. $1500/mo payment on a $206K mortgage left (390K value). $40K cash/savings. $100K on 401k. No other debt. Above 800 score. Almost a year ago I started a W9 job (18k aprox minus ?deductions?)

Looking to purchase a $200K-$250K property in the Orlando area - I live in Miami.

I talked to a lender who told me in order to purchase a 2nd property (as a 'vacation' for lower rate, but eventually turn it into a rental or AirBnB), my payments must be 43% of my salary. So, I would not be able to buy that much of a house.  I could sell my current property but I would give up my W2 - sure I could wing it by doing something else, but eventually, that is the goal - not to work for the man anymore.

I wonder what the experts here would suggest for someone like me.... I am open and really motivated but don't know how to get going.

Thanks for your advise