5-10 year plan expectations

[Nick Pawlowski]

Hi all, I recently became extremely interested in real estate investing after I happened to randomly strike up a conversation with one. I am 31, I'm a nurse practitioner and am honestly sick of the 9-5 and just want financial freedom. I make about $100k and also teach part time which brings in approximately $3k extra per year. I have about $40k student loan debt and $40k car debt which I plan on selling my car for something cheaper to get to my goal quicker. I would love to replace my income in the next 7-10 years if possible and quit the rat race. My plan is BRRRR, so far I'm on my 3rd book and getting really excited about investing. What do you guys/gals believe the best strategy would be? All cash deals (currently don't have the cash to purchase a property as like I said this interest just struck me in the past few months)? Conventional loan and save enough for 20ish percent down? Just looking for advice on how to get there as efficiently as possible. Thank you!

[Darius Ogloza]

Seven to ten years is extremely aggressive.  Invest wisely and expect to double your time horizon.  Leaving the rat race at 50 is still pretty cool.