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All Forum Posts by: Richard Antcliff

Richard Antcliff has started 1 posts and replied 2 times.

Quote from @John Morgan:

@Richard Antcliff

It’s not easy to find cash flowing properties with these high interest rates. However, I’ve found 6 buy n hold houses in last year that I’ve bought including one last week. If the numbers work, I jump on them. I also target cheaper affordable houses that seem to appreciate higher in my area due to low inventory. This also causes market rent to go up quite a bit within a few years, so I’m ok cash flowing only $300/month at first because I know market rent will be up a decent amount in a few years while my fixed mortgage remains the same.


 Perhaps this is the secret sauce, but could you share the numbers for the one you did last week that worked?  Just trying to learn.

I can't get the numbers to work out with the current interest rates to use other peoples money for a real estate investment.  Do we just sit back til rates go back down?