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I wanted to ask you guys if I want to buy an investment property with my uncle who's on disability.

I currently already own a home and I got that house for $156,000 at 6.25% APR. My mortgage on that is about $1,200 per month.

I have two tenants that live there. So they're paying off my mortgage. I have about $13,000

in my savings account and I have no car payment

and I'm giving about 10% of my payment into a Roth RIA. Okay. And what do you make? I make about four grand.

And where do you live? If you rent it out the house, do you live in the house with a roommate?

Yeah, I live in the, I live in the house. It's like a roommate sort of deal. So it's, um,

how old are you?

I live with my girlfriend. I'm 20 years old. Okay.

And why do you want to buy an investment property?

So I want to buy an investment property because I saw that, you know, being a landlord

is really not as hard as I thought it was.

I have the, like the credit for it. And I believe that,

you know, that's what I want to do with my life, just buying homes, either flipping them and

renting them out. You know, I have a home actually that is $300,000. I would, me and my uncle, um, who are splitting everything in the home, um, is about we're going to split everything, the down payment, like absolutely everything in the home. It's the house is worth about $300,000. We're getting about 7% APR, and we would be doing an FHA loan on that.

The thing is that my uncle doesn't live in the state, so I would be in charge of maintaining

the property, and we would go essentially half-seas on the...

And you need your uncle involved. Why?

So I need my uncle involved because I just got this loan from this VA loan about six months ago,

and they're not letting me get another mortgage payment.

...