Robert Farabaugh Jr
New member from south east Pennsylvania
17 January 2014 | 10 replies
Mehran;Right now my plans are:Year 1 start in the Wholesaling trade banking the majority of the income.Years 2-5 Continue wholesaling and begin to buy and hold properties for residual rental income.Years 5-10 start getting into larger deals with larger residuals.Year 10 and beyond "retire" from my full time job and buy a property once or twice a year to rehab.At least this is my standing plan right now.
Vernell D Watson
Request everyone's opinion reference cash flow.
10 November 2018 | 32 replies
Normally I would sell it in 5 to 7 years due to depreciation but I would probably hold onto this one for residual income.
Account Closed
Possible asbestos tile.. What to do?
24 September 2015 | 8 replies
I 'd use an acrylic adhesive and not a releasablwe or multi purpose.
Michael Dunn
Lender/Qualification question please.....
10 July 2014 | 2 replies
I have a 690 credit score, my taxes for last 2 years, show me making $1350 per month, my monthly debts total $200 ( used for DTI / Residual ) , an I hope to have close to $6,000 saved in an account, in the next few months ( for the 6 months of house payments, down payment...likely go FHA and for Earnest money and appraisal ) Thank you so much for everyone's help
Malcolm Peacock
Newbie from Shreveport/Bossier, Louisiana
16 May 2015 | 12 replies
Ideally I would like to start with wholesaling and venture into rehab/rentals to generate residual income.
Edward Owens III
Property Management in IA
3 January 2019 | 6 replies
Personal vision of sucess is to build residual income such that time will not equal money.
Ken Taté
New in Los Angeles ;-)
15 December 2014 | 11 replies
My long term goal is basically a career change into a buy-and-hold investor so that I can quit my day job as an attorney and support my family with residual income and have more time for my hobbies (boxing matches and DJing).
Alicia Marks
QOTW: If you had an average income, but don't want to househack..
3 July 2022 | 87 replies
**VA loans can go above 49% as long as they meet residual income req's**Current interest rate (which are not great at the moment) ≈ 5.75%30 year fixed.
Mark Greenhill
Newbie from Bellevue, NE
23 January 2017 | 5 replies
My Goal: By 45 yrs old, I want to be completely debt free and I want the assets I gain from investing to build enough savings/residual income to support my lifestyle, without the need to be an employee.
Allen Black
Newbie from Boonville, Indiana
14 October 2014 | 5 replies
I am investing in Real Estate to build a nice portfolio in which I can replace my present job, residual income and most of enjoy what I do for a living!