Looking for help in which route i should take

[Frankie Paterno]

Hello everyone, I am new to Biggerpockets and it seems like a great app and site ! I am fairly new to the game haven’t made any investments but have a bunch of places saved on my phone and laptop. I have 0 people in my life to ask questions about these topics so o appreciate all the positive help i receive, my goal is to own properties and fix and sell property.

So my question is I’m curious to know if i invest into properties how do i make money when i have loans that are out ? Can someone guide me and explain these things to me I’m also looking for a mentor that i can exchange numbers and won’t mind schooling me on curtain things i appreciate all the help i can get and looking forward to getting this journey started. Thankyou all !

[Ralph R.]

@Frankie Paterno. Loans ( leverage) are a tool to help you with your investing. If you have $100,000 you can buy one property. And you have $100,000 working for you. If you put 25,000 down payment on each house you buy now your 100,000 buys you 4 houses, and you have $400,000 working for you. You also have 4 houses going up in value. The real money in real estate is not the cash flow of each property but the backend money. Appreciation and value add will make you more than a few hundred dollars a month cash flow. Leverage allows you to buy more houses faster. RR