All Forum Posts by: John Carter

whether it's a sfh or a mfh will the 1%rule always exist? I mean you need to buy property no less than 150k to get the 1% rule, and as inflation occurs property values rise. I'm just wondering say in 20-30 years will the 1% rule exist in the U.S? For instance in Los Angeles it is very difficult to get the 1% rule because property prices are so high and rents are low. In Houston Texas lets say 20-30years from now the prices might be similar to the Los angeles area and the 1%rule might not exist.

@Elizabeth Colegrove thanks Elizabeth great information Iam already E3 in about one year I will be E4 with probably more savings and I expect to be in the military for at least another 29 years.  do u have any military background?     

@Damien C. thanks Damien appreciate all the help.

@Dennis Chavious thanks for the notice Dennis

@Matt Lawhun hey Matt I'm looking to purchase somewhere around Kansas or Texas and how does the seller financing work?

@Ali Boone thanks Ali

@Jay Hinrichs thanks for the advice jay

@Todd Hall thanks todd

Iam currently in the barracks (enlisted in the military) and want to invest in rental properties. Will banks finance any of my properties? The problem is Iam not going to be living in any of the properties I buy cause Iam forced to stay in the barracks. I just joined I am 19 have 20k saved up want to buy a sfh for 100k need 80k financing