Purchase price: $250,000 Cash invested: $75,000 7 bedroom Padsplit property at 93% occupancy What made you interested in investing in this type of deal?

The pro development and affordable housing advocates use the term NIMBY, but I suspect it is the rare person that buys in a single family zoned area that would be thrilled to have 17 units (qp16 additional units added) in the lot next to them.My initial protege was the land source on this effort.  

I know there is a way to get a pre-foreclosure list, but I'm always interested to know where the people that are selling.

What made you interested in investing in this type of deal?

Interest rates decreasing a little more will be necessary to make this possible, too (DSCR loan).Also I will have another deal refinanced by then and gain about $70,000 of capital from refinancing that.

Come up with terms (Down Payment, Interest Rate, and Amortization Schedule) such as a 5% Down Payment, a 6% Interest Rate, and 30 Year Amortization Schedule.

If you are interested in teaching please reach out.

Painting this future image will connect your investment decisions with your goals.

Purchase price: $245,000 Cash invested: $80,000 I served as the buyer's agent acquiring this property.

This is due to the extremely annoying TX 50a6 home equity laws.