What can I do with my profits from my investment property?

[Luke Edward]

Thank you for reading, My question is fairly simple. I have 1 single family home 3 bedroom 2 bath, it was my home growing up and it was left to me after my father passed. I cleaned it up and had it painted, my Father had a lot of work done to it before he passed so it was in pretty good condition. Older home but good bones. I payed off the home and own it out right, no mortgage. It currently brings me 2k in rent a month. After property taxes, school taxes, insurance etcetera I'm left with roughly 15-16 maybe 17k at the end of the year. What can I do, real estate investment related, with that much/little? I am currently not working, so I am aware that I do not qualify for some HELOCs and other loans and lines of credit, even though I have monthly income from the rental. I've tried to do a refi and use that cash but I don't have a "conventional" job and haven't found anyone willing to use my rental profits as income. So what is possible with that much money in REI? Thanks again for reading.

L. Lee

[Nathan Gesner]

Why change anything? $2,000 a month is pretty good income. If you don't need to live off it, save it up and you'll have money for a downpayment in a couple years. Rinse and repeat.