All Forum Posts by: Tony Encarnacion

@Ashley Cross

That's a great idea, I will look into the possibility of house hacking further, thank you for your feedback!!

@Jason G.

Got it, thank you for the feedback!!

@Jason G.

Guess I should've been more specific, sorry about that.

I will be taking out a mortgage on the home, and then some time after that, refinance so that I can invest in a rental property.

Is that a bad idea?

I'm looking to buy my first rental property, but I'm also planning on buying a forever home for the family and myself sometime next year in 2022!!

Should I wait until we buy the house, so that I can refinance, and use that money to invest?

Or should I just take out a loan from the bank to buy the rental property?

Any advice and suggestions would be greatly appreciated, thanks in advance!!

@Douglas Spence

Continue educating myself, and network as much as possible to meet other wholesalers!!

@Tommy Adeoye

That's great advice man, thank you!!

@Douglas Spence

Thanks a lot for the advice and the words of encouragement man. And will do, I'll look for those groups, thanks again!!

@Devon Calhoun

Thanks man, appreciate it!!

@Johnathan Gonzalez

I do listen to the podcast, I agree that it's awesome!! I've learned a lot just from the podcast alone!!

Real Estate has been on my mind for years, and aside from keeping super busy due to being in the military, I have never had the courage/confidence to pursue this business!! But I have a family now, and it is growing, and in order for me to achieve the financial freedom and stability I want for my family and myself, I have decided to finally go after this dream of mine. The long term goal is to own multiple rental properties and live off the cash flow. But for the moment I just really, really want to learn to wholesale, until I can earn enough so that I could then start to actually invest at some point down the line. Any advice and or recommendations would be a blessing and greatly appreciated, thank you in advance!!