Great thread @G_Alexander and nice action by @joefazzolari.
I have no real estate knowledge, so correct me if I am wrong, but the information in this thread is mainly for someone to reduce their expenses by getting rid of having to pay rent, while making some coin in the end. The cash flow that comes from this first property seems to be too small to play a role in further investments (based on joe's thread), so if someone wanted to pursue this as their main income source, is the next step to take out another loan and basically repeat the process, increasing the cash flow bit by bit?
I have no real estate knowledge, so correct me if I am wrong, but the information in this thread is mainly for someone to reduce their expenses by getting rid of having to pay rent, while making some coin in the end. The cash flow that comes from this first property seems to be too small to play a role in further investments (based on joe's thread), so if someone wanted to pursue this as their main income source, is the next step to take out another loan and basically repeat the process, increasing the cash flow bit by bit?
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