All Forum Posts by: Rigo Medina

Who can share their success in getting a 4th loan and up to the 10th mortgage for their investment home purchases? I am curious to know if someone who makes $65k a year can get up to 10 investment home loans in the next 5 years. Let say that the houses would each cash flow about $300 a month.

I have heard that it is possible because the investor friendly Bank will understand how the rental income offsets the debt. I think that the big Banks would want you to have enough income to pay for each mortgage payment.

Any thoughts?

I am a newbie and have not seen many 4 plexes on Zillow or others. I know they are out there, because I have driven by them. What is the best way to find 4 plexes that are for sale or have sold? I am curious to see stats on the 4 plexes. I see lots of duplexes listed.

The reason I am interested in 4 plexes is because you can get 1 mortgage and have 4 sources of cash flow/rental income. I did not want to reach out to a realtor yet, as they may think it is a waste of time if I am not ready to buy.

Any tips are welcomed.

Amazing! Love the colors. White cabinets make it bright and inviting.

Did you buy this home on the MLS or from a wholesaler?

Did you have others bidding on this home?

Chris,

I like your perspective. (beer)

Thanks Jay.

There are several Wholesale Legitimate business here in the Dallas Fort Worth Area.

Outstanding work. I lack the gift to see how the ugly can turn into a beauty. Your motivating all of us.

I recently shared the idea of Wholesaling to a Real Estate Agent. (she is new to Real Estate)

I regret sharing the idea with her. She pretty much scolded me and said that it is illegal to practice real estate without a license.

Any thoughts on why she would say this, other than the reason that she does not know?

Wow! Congratulations. It is the success stories like yours that keep us all going. Reading this is like having an energy drink.

Thank you Steven. Great information. I am new to BP and need to learn how to maneuver around here.

Thank you Chris. I see you are not too far from me. I am living in North Arlington, bordering Fort Worth.