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Updated over 3 years ago,

User Stats

24
Posts
8
Votes
Ashwin Gudipati
  • Austin, TX
8
Votes |
24
Posts

Cash flow strategy for beginners

Ashwin Gudipati
  • Austin, TX
Posted

All,

As a beginner, how should I approach a goal of having 5000$ in Monthly cash flow?

If I do the math, I should be having 10 properties with a surplus of 500$ cash flow each for 5000$ overall cash flow monthly. Taking 300,000$ as the average home price, we’re looking at an overall purchase price of 3M$. Since I don’t have that much cash, I’d be going in for a conventional loan. Even with that I’d have to put 25% down which comes to 750,000 which I don’t have.

What are my options? Not sure if it matters but I’m on a work authorized visa.

Thanks,

Ashwin

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