All Forum Posts by: Josh Lyons

@Sharon Tseung Thanks for the good summary for the other rookies on here! I'm also looking for my first deal.  

@Chris T.  I'd like to make the next one... thanks!

@Dan Handford  I like the idea!  Saturday night would work better for me.  Thanks!

@Jorge Pena Very helpful! Thanks for sharing

@Brenton Braddock Thanks for sharing!! I’m also looking to buy my first one... hoping it will happen this year!

Great to hear that! Thanks

How fast did you increase your “take home” income when you began investing in rental property?

@Alec McGinn I also have plans and I decided to lower my payment as much as possible. The interest rate isn’t terrible. I’m saving aggressively to invest in rentals because I believe the ROI is huge if done right. Especially when you consider the cash flow, appreciation, loan pay down and tax benefits.

@Adrian Hollifield I’m working to buy my first rental and I got approved with a HML with no problem. The plan is to used that money to buy and rehab and then refi with a bank. The bank will refi cash out on the appraised value after 6 months.

@Anthony White Wow great story!! Thanks for sharing!! How much cash flow do you have on average?