Many in the building industry had hoped the next generation of flippers would embrace building performance & remediate the ever aging poorly performing housing stock.

All the machines will run on a diesel generator which is included in the $17’000 for the production line.

Keeping it might be beneficial if it continues appreciating and generating cash flow.

I am buying all my LTRs with cash that is generated from my other rental income.STR'S for me are high end vacation rentals and I use mortgages for these.

With such a low interest rate, you’re looking at a prime opportunity to generate positive cash flow once rented, even if the market dips slightly.

Whats up everyone, how are you generating leads right now?

Never bought a home before and want to use the advantages of that to buy my first property that can hopefully generate cash flow.

It was my first real career (after series 7 licensed securities broker) and I was usually dealing with investors from the previous generation. 

I specialize in lead generation for agents and wholesalers, and I’m here to learn and share strategies

This creates two loan payments ($100,000 of equity and $300,000 on the new mortgage).Key NumbersHome Equity Loan Interest Rate: 6%Mortgage Interest Rate: 7%Rental Income: $3,000 per monthExpenses (management, taxes, insurance, maintenance): $800 per monthIncome and ExpensesMonthly Rental Income: $3,000Monthly Expenses: $800Monthly Mortgage Payment: $2,000ExplanationThe investor earns $3,000 in rent each month.They pay $2,000 on the investment property mortgage and $800 on other expenses.This leaves $200 profit each month or $2,400 per year.However, you have to pay $6,000 interest on the equity borrowed.This leaves you with an annual loss of $3,600.This example shows that while the rental property generates positive monthly income, the interest cost of borrowing the initial $100,000 results in an overall annual loss.