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How much do you keep in the bank vs brokerage?
Any IPS Advisory folks here ?
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Other note for consideration: I have a side business bringing in another 6500 a month net that I can have last at LEAST a year, if not longer
What is this side business. Maybe put your energy there?
Thats a lot of leverage. How much is the house and how much reno does it need? Might make sense to do a JV with a friend or something
I know I’m pushing it, around 610K when my initial budget was 450-550k.
But this house is a rare cash cow from a cashflow standpoint with these prices and interest rates
(Not much Reno needed at least from my view, 2 units already rented with no issues)