I purchased my first rental single-family home in North Carolina, which quickly introduced me to the benefits of passive income.Encouraged by this initial success, I acquired a duplex in Columbus, Ohio, followed by a townhouse and another single-family home in North Carolina, all within a span of a few months.

I just started my due diligence phase, but the first thing I need to do is better understand the financial feasibility for the project, and how the return might compare to other investments we have undertaken in the past, which have been mostly acquiring existing buildings and renovating, not new construction.

We're able to crank out mods regardless of weather, have all of our inspections scheduled like clockwork, and control the timing of production with the site work. 

Dear all,
I'd like to share a creative finance strategy that I have used to scale to $10.5M of client capital under management and $21M of assets on the books. These assets encompass 33 houses and a $5.5M stake in 20...

It depends on where you are on the investing phase, everyone will be in a different part and have differing opinions.I was in the growth phase a couple years so I looked to take on more debt to build my portfolio.I accumulated a lot of wealth after all the appreciation over the past 5 years.I am now looking to decrease my debt.Once the debt is paid down, I will be able to get an increase in monthly cash-flow that would have went to interest / principal paydown.Remember the goal is a comfortable living situation and not to acquire more rentals(or another job).

If your product is in the top 10% of what's available and you are asking the same price, it should be flying off the shelves, hopefully for over asking. 

I have experience as a commercial and residential real estate agent. and I'm working on acquiring a 28 unit mixed use building through owner financing, we just need some additional capital for the down payment. here's my advice for you and starting a portfolio.

My only reservation is the higher interest rates on these particular loan products vs regular residential mortgages.

Hi Taylor, yes we typically require a down payment on our hard money product.

Less expensive and more productive in my opinion.