Updated over 10 years ago on . Most recent reply
New Member here looking to make moves. casa grande, Az
I'm 29 years old and work a regular 7-4 shift 5 days a week making just enough to get by. i bought a home 4 years ago that is worth double now and looking to sell just to profit the cash and start investing into rental properties. I'm guessing a good 100k to invest. I live in casa grande, Arizona. I was hoping to invest into 2 older homes maybe 60-70k each and finance whatever i need to cover the rest. Live in 1 home while i fix them both up to rent and eventually use that rent money to purchase a new home for me and my family.
The goal is to make enough money just from the 2 rental homes to cover my monthly mortgage and etc. and maybe invest into a 3rd rental home in the future.
I'm new to all this and would love someone to give me a step by step plan and information on best ways to make this happen.