You now know you must sell to investor for 110k to achieve a 75% deal. 6.

Despite the challenges, we achieved a substantial profit.

Despite the challenges, we achieved a substantial profit.

You can still easily achieve rates in the low 7s depending on LTV for a DSCR cash out refi.

After renting out the finished basement and one of the main units, we'd be paying a very comfortable amount for our part of the mortgage, and upon moveout we'd be breaking even with PITI + maintenance, capex, vacancy which is what we wanted to achieve.

Do you have a family member or friend who's achieved what you want to achieve?

I've already spoken with a property manager and agents, but I'd like to hear firsthand experiences from other new investors in the Fort Wayne market, especially within the first year or two of their initial investment.

I think that what you're looking for is extremely achievable here, at a minimum.

However if I do a BRRRR I can achieve infinite return by extracting all of my investment.

Real Estate has always been something I was interested in pursuing to achieve financial freedom and just never knew how.