Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal



Real Estate Classifieds
Reviews & Feedback
Updated about 14 hours ago on . Most recent reply

Acquiring Units Phase of Real Estate Investment Journey -- looking for advice
Hi,
Looking for advice or just confirmation that I am on the right track. My investment objective is to have 8-10 units within the next 6 years so that I can semi-retire. I currently have rental unit in Las Vegas and have about $100k to buy another property. I am thinking of buying a multifamily in Las Vegas since I have familiarity with the marketplace and have a network that I can reach out to.
I plan on using conventional loan, 20% down, and buy a multifamily that covers my mortgage and all expenses. I plan on paying it down with my w2 job. Is there something else I should be thinking about or am I on the right track?
Thanks in advance for your insights.