Purchase price: $417,500 Cash invested: $37,575 We weren't super happy with anything we were seeing on the market, so my husband and I had just started writing letters and looking off-market... until we saw this property.It'd been sitting on the market for months, originally listed around $550,000.

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Banning.

Purchase price: $575,000

Cash invested: $75,000

Sale price: $775,000

This was a tough one. Im sure there are ...

So she is going to sell it to you only to rent it back?

I can't really justify $40/month at this point so I guess I'll be making my own calculator in Excel

It was a fun realization so I thought I'd share it here.I purchased my first real rental 11 years ago off the MLS for 108k (put 20% down).

So for example; if you pay $500k for a rental and $400k is building value. 

So, with that being said, market cooled off for sure the last few months in our area.

I do pretty decent for my age, and I live at home still, so I've been saving up a lot of money.

There is so much that goes into it.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.