All Forum Posts by: Ashwin Gudipati

@Tesho Akindele Thanks. The thing is where I’m from ( Austin) , prices have gone through the roof so buying duplex or more is simply out of budget

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