All Forum Posts by: Steven Coppola

You always hear "buying a house is the best investment you can make" "Renting is like throwing your money away". What if everyone starts to listen and renting becomes a thing in the past? Now you're stuck with a property with no cash flow coming in. You think this is possible BP?

@Steven Coppola sorry for the few missed spelled words in the beginning. I was to excited to ask this...... I'm* and hear*^^^

Hey BP! I always here of having a negative cash flow is bad. But I have an example for you. What if you buy a single family home when the market crashes for $120,000. You put 20% down. Your mortgage interest is 5% and your term is 5years. So this would be a $2000 mortgage payment a month. Say you rent out the house for $1000 a month and pay the other half yourself to pay off the house in 5years. Is this a good or bad idea?

@Dennis Rodriguez thanks

@Allan Bishop Jr. Thank you

@Sammy G. Thank you

@David Floyd thank you

Is being a mortgage broker a good career and would it help out for investing too?

Hey what is the best rental property for cash flow?

Being a 23yr old. What would you buy first for a rental. A single family home or a duplex or a multifamily home?