All Forum Posts by: Caleb Heimsoth

If you actually achieve 500 a month that's cash on cash returns of 15 percent which is really good. That being said, what type of areas is this? Some of what you said makes me think it's a low income area. If that's the case your cash flow could be much lower

How long until you don't need Pmi?

Why would someone just give you 20k just to get 20k back? They take all the risk. Get a short term loan

Probably the easiest way would be to increase your stable income.

What are you paying for it? What's the appraisal say it's worth?

I'm currently in the process of buying turnkey in Memphis. Message me if you want my thoughts

How much would such a property cost

I went to his free meeting and initially signed up for the big event for 1k, thankfully I did some digging when I got home and decided it wasn't worth it. I had to cancel my debit card before they initiated payment because I knew if they initiated payment I'd never see it again. It's a sales pitch, avoid at all costs

Andrew Michaud I'm 22 and am about to purchase my first property. I'd say jump in, and don't wait around. These numbers look great! Plus if you start now imagine where you'll be at 30. Can I Message you to ask you some questions about your local multi family ?

Hey Andrew, Welcome to BP. I'm local to you, so if you want just reach out and I can help. I am pretty New myself tho. - Caleb