Quote from @Nicholas L.: @Brett Riemensniderwe don't know all the details, but as i said that's a very expensive way to buy property - if you can't afford a property without overleveraging then you might just have to save up more. 

. $1500- $960 + $200 IS $340Cash in your pocket after everything roughly $1500-$1160-$340 which is not bad for a 100% financed deal(INFINITE RETURNS)Now, If you ran this analysis on a 1% deal as @Nicholas L. mentioned you will undoubtably end up in the red each month.All the best!!!

As far as building homes goes that is something I would like to get into down the line l, I’ve been doing construction as long as I’ve been working I would just think I would have to build a solid portfolio before even getting into that.

take @Nicholas L. advice and start to go to meetups. 

@Elizabeth L.

Austin L smith, CPA.  

Quote from @Nicholas L.: @Jordyn Ohsnot enough info to helpbut if you're using a HELOC for the down payment AND getting a loan, then you're probably negative cash flow given that's 100% leveragei would never do that unless i were going to refinance in the short termHi Nicolas, Heloc for down payments, but my own cash and sweat equity for the rest.

Quote from @Nicholas L.: @Levi Cartwrightgot it - glad to hear you've thought about it. 

Quote from @Nicholas L.: @Travis BiziorekAgree, I just think it's a question of timing.  

Quote from @Anjali L.: I have an inherited tenant that is behind on rent.