I then realised, it was time to start minding my own business, indeed.When it comes to real estate, I am a newbie, I know most of the basics and still learn to become confident.I am serious about investing in real estate as I feel this is something I will enjoy doing like a hobby while making my way to financial freedom and most importantly having control over my life.I am planning to make my first wholesale investment by the end of this year [starting with low money].

.- Even if we didn't change policies or terms, can we update the existing leases to the buyers preferred contract if the basic tenant cost and amenities, etc don't change?

Now lets wrap the amortization into our example. using the loan terms I mentioned the first years of the loan will result in a $2,499k reduction in principle or if the value stays the same that would be seen as a $2,499K increase in equity.

Hey guys,So I got a question which might sound dumb..Basically I am soon going to be able to finally purchase the apartment or flat I'm currently living in.

For example, let's say you have a pretty basic cosmetic rehab project.

I have also found a guy in California that will buy the property and land for $1.7 if I were to fix it up so basically I need advice on the funding strategy I should take.

The latter half of this document you should utilize the principles involved in the second part of your question – how "could" this property be doing?

Got stuck in those loans and basically lost everything.

If it's a decent sized multifamily and if you haven't raised the rent 50% in the past three years, but basically maintained them then I would probably use some equity to buy another well cash flowing property.

None of my properties do, and the capital tied up in them continues to perform just fine.That said, it's more difficult to find a property locally where the free cash flow is better than, say, the dividend income thrown off by investing in a Blue Chip dividend mutual fund.If you're looking at small Multifamily properties locally and want a first pass "rule," I suggest using a GRM target of 12-14 as a first screen, assuming you're looking for a property that will throw off free cash flow with a 70% leveraged mortgage.If you want to more than basic long term buy it and hold it, you can do it.