Updated almost 9 years ago on . Most recent reply
Financing & Cash Flows
Hey guys I am currently a full time student at Auburn University who has a strong interest in REI (have been studying REI for over a year now) I need full financing in order to buy my first rental property. I have already been informed (on BP) that I can probably get a sub-prime loan, or get a mortgage with one of my parents co-signing. However like I said I have no money... So is it possible to even find a deal that will cash flow any kind of positive number or at least break even after paying all the money I will owe to my lender and my investor (down payment)? If so how would you structure the cash flow?