Updated about 9 years ago on . Most recent reply
Humble Dad hunting cashflow for son's education
Today we decided the best thing for my son would be private schooling. It will cost about $800/month. My goal is to meet this with positive cashflow through income property investment!
When upgrading to our bigger 2nd primary residence I kept our 1st house as a rental. So I have a few years of property mgmt experience under my belt. Looking to learn more about doing out of state deals where the price to rent ratio is better than Southern California!
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So blessed to be apart of this community. Thanks to all for your responses and help, I feel the love and am excited to make some friends and learn.
yes I am going to do a cash out refi on my primary and use that as the DP for multiple properties that will hopefully get me close to the $800 positive cash flow in the near term and help with retirement in the long term!I need to choose a market and SoCal is not looking good. Im leaning towards Texas, but I am open to ideas with high price/rent ratio and good potential appreciation growth.
Thanks and God Bless you all!
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