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Updated 11 months ago,
How to make positive cash flow.
Hello, fellow investors!
Thank you for all the comments and advice!
My husband and I are trying to buy our 2nd property in Florida as a vacation home. While we are not using it, we plan to rent it.
Of course, we are going to get a vacation home loan. We were very positive about our plan, however, with the current interest rate being high, and the market is still somewhat competitive, I am not sure if we can have positive cash flow.....
For us to have positive cash flow, we will need to offer a much lower price than the sellers are asking.. So, now I am not sure, what to do...
We don't want negative cash flow... So, any advice? I am trying to do brainstorming, but I can't think of any good way to work it out...
Currently, we live in CA and we visit Orlando a few times..
Thank you.