Hello from newbie in NJ
Good morning from northwestern NJ. I am a mom to two young boys and owner of a bookkeeping company. My husband and I own 3 properties (one is our current home), only one of which cashflows. We are looking to expand our portfolio, though we are unsure what our next step is. Ultimately we want to replace my husbands ft income as well as build longterm, generational wealth for our family.
Our area is rural, and pricey. We've thought about some single family rehabs but nervous about getting the 203k loan... not only for the rehab process but also because I do not have w2 income and we already have two mortgages. Feeling a little overwhelmed I guess.... but excited for the future.
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Hello,
Welcome to BP....why is only one property cash flowing?