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Updated almost 2 years ago,

User Stats

191
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21
Votes
Chris Kendrick
21
Votes |
191
Posts

How to buy multiple of properties!

Chris Kendrick
Posted

Ok for first time new investors,  went to multiple of banks and there is no such thing as no money down or 3 or 5 percent low down payments,  its normal 20 or 25 percent down, so only way i see to profit from rental or investment properties is either flip or do the brrrr method , cause you cant put a down payment of 20k,30k or 40 or 50k, cause it will take you forever to get that money back if your only cash flowing around $300 or $400 a month, you cant buy a property every 7 or 10 years doing the conventional method of buying a house, so you almost got to rehab the house and either flip or get it appraised for more and cash refi to get your money back and rent it out, i dont know how everyone making money, please dont say seller finace, cause that dont exist

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