All Forum Posts by: Ramon Vargas

@Craig Janet

It’s actually a loan at 7.85 interest 

I have a payment of 1800 a month

@Craig Janet

The 2,000 already includes property management fee and taxes. I have a loan in place already with interest of 7.8%. I just need to find the property to cover that so I don’t use my own money to pay for the loan

@Travis Biziorek Hey Travis,

Thanks I will look into purchasing 2 single family homes. I like the idea and I see Detroit has a numerous amount of SFH's under 80k. Any neighborhoods you recommend?

@Julius Clark I will look into Indianapolis. MTR and STR will that be similar to Airbnb? I thought about the strategy, but was thinking of doing LTR and get a management company to manage it for me

@Erik Estrada those are great points and good to know, I prefer to see if I can find a single family home and rent.

I own my home. I have a mortgage on that one as well. I don’t think I could do a house hack because I live with my wife and kids in California and I want to purchase out of state.

In the areas in San Antonio

So I have 190 K to purchase a rental property. I need to find a place in the US that can give me at least $2000 in rent so that I can pay for the loan. Any suggestions?