Eventually down the road I'll be replacing cabinets in the kitchen on the main floor, fully update all appliances on each floor and changing the roof from shingle to metal roofing.

If you keep waiting you'll eventually miss the train and have to wait for the next one. 

I’m based in Los Angeles and plan to start locally with house hacking before eventually expanding out of state. 

Eventually I will be looking to invest in properties around the country, with a goal of investing internationally later in my journey. 

I’m very interested in starting with small multifamily rentals and eventually building a portfolio of long-term rentals.I joined this platform not only to gain knowledge but also to connect with like-minded investors, mentors, and potential partners.

That works for a while, but eventually you either tap them out or realize you need to scale by finding new partners who aren’t already in your immediate circle.I’m at that point now.

I’m here to learn, connect, and eventually build my portfolio.

Hi Trevor, did you eventually invest in Paterson?

At the moment my ultimate goal is to lower the payment so when I convert this property to a rental eventually it is in a better spot to cash flow.Current Loan - 30 yr loan on a condo starting July 2023 Remaining balance - 365kRate - 7.25% Payment - 2625 Proposed Refi - 30 yr loan starting December 2025 (90% LTV)New Loan Amount (escrowed) - 376.4kClosing costs - 4584Rate - 6.35% Payment - 2348 Savings 277/m

My question is, should I still be looking for this kind of deal that meets the rule (as a guideline) or should I buy to breakeven today so that “one-day” when equity gets paid down and rents go up I’ll eventually cashflow, OR should I wait until cashflow is better all together when it makes sense to buy?