Will you continue to buy in that neighborhood with your next purchase @Teslim Salami?

We also have many unique buyer incentives where an investor can get up to a 10% price reduction to come into immediate equity, or get that 10% as a cash back at closing to reduce your down payment and increase your ROI, or buy rates down into the low 4s on 30yr loans to maximize cash flow.

Remember, if you sell it, you'll have capital gains that you will have to pay since you are buying the other property before you sell you're old house.

(The power company in MN will offer you a chance to buy the warranty after the furnace/ac is broken and come back the next day to fix for free.)

Hi everyone,I am an out of town Michigan alum that's contemplating buying a SFR/Duplex as an real estate investment in Ann Arbor, preferably close to central campus and/or close to one of the University bus stops. 

Quote from @Allison Cutlip: Hi all, My boyfriend and I are buying our first home that is a duplex, planning to live in one unit and rent the other side.

Quote from @Chris Brewer: They’re actually asking more for the property that’s just the number I think I can buy it for.

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.

And this is your best chance of house hacking while covering most of your living expense or maybe even cashflow if you buy in the right area.Hope this helps!

Our initial goal has been to buy a property every time the Army relocates me (roughly every two years) and rent it out afterward.