Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 4 years ago,
Debt Free Real Estate Investing
Hi everyone!
I've only just began my REI journey, so please don't judge this question, but PLEASE help me to understand how the numbers work to invest in real estate unless you pay for the properties in cash. Say for example you want to purchase a $100,000 property, you only put $20,000 down, and you get a loan for $80,000. Most of all the monthly rent will go to the loan and all the other expenses that comes with owning and managing a real estate property and then your left with only a couple hundred dollars...how does that make it worth it to invest?? Unless you have multiple properties, right? What am I missing here??
Thanks in advanced!