Investment Info:Single-family residence buy & hold investment in Seminole.

It's near impossible to cash flow when most homes are selling for above $750K, Taxes and Insurance added in the PITI payment is higher than the rents.You can buy a Duplex 2 unit for example in either FL, IN, or OH and not pay more than $200K the rents are typically $1200-$1500 a door.

Quote from @Jaycee Greene: Quote from @Jeffrey Eschbach: Investment Info:Small multi-family (2-4 units) buy & hold investment.

I’m under contract with my latest flip, the proceeds of which will pay off the heloc that I use to buy and rehab properties.

This works with any type of appreciating property such as real estate, stocks, etcDepending on the appreciation rate, you can potentially see asset values double every 7-14 years.Likely around 7 years if the appreciation rate is 8%Likely around 14 years if the appreciation rate is 4%If you buy something for $100,000 and it appreciates to $200,000, you can potentially take a loan on the $100,000 appreciation which would not be considered a taxable event.However, be mindful that you are paying interest on the loan and you have to payback the loan but yes, it would not add on to your taxable income.

You don't need a conventional bank to buy a property.

Investment Info:Single-family residence buy & hold investment in Charlottesville.

Until you have $1 million or more in equity and really understand how to use an LLC, I recommend you just buy an umbrella insurance policy for $1 million.

We are going to Little Rock in March and I will definitely place my eyes on something before we buy it.

IE becoming a MFR landlord you do need some training.Its just like when you buy a franchise you have to go to their training so you learn how to cook the burgers right and so on and so forth.