I am under contract to purchase a Quadplex.

This growth typically drives significant appreciation, which is the key to making this strategy work.For example:Let’s say you purchase a property for $300,000 with 25% down in a market with an 8% annual appreciation rate.

Or, you could move out and leave this first purchase as a rental and buy another.

We purchased the house about 3 months ago and are owner financing it.

As a result, Lendbase was compensated by the lender we wouldn’t ever have to pay Lendbase anything except for an $8,000 upfront fee to process unlimited loans for us for three years.

Yes you can find properties which you will be able to purchase, but ROI will be near zero or negative. 

I am a rookie investor hoping to purchase my first property within the next 90 days.Kwanza Hi Kwanza,The first thing you'll need to decide is whether or not you want checkbook control of your self directed IRA. 

I guess the idea is to use the equity from one property to purchase the second property, and so on.

Prove your work ethic, and opportunities will come.6.Enjoy the process.

I have never built anything, only purchased already built properties and I need some advice.Thanks!