General Landlording & Rental Properties
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 almost 12 years ago,
Buying 1-2 houses around 140k how much to put down?
Hi guys, I'm in the middle of buying my first property. I would like some suggestions.
How can I make a decent money with financing 1 or 2 homes that are around 140k
Avg rent is about 1200-1500 in this are. How much down money would I need to make a decent cash. I can put 5,10,15,20% downs but I would like to now what the pros have to say.
My goal is to buy 1 home every 5 months and finance it, I know after 5 or 10 homes it gets tough. At then I will consider buying with all cash. But for now what's my best option?
Thanks