@Jose Mejia I assume this property was purchased under an LLC.

I’m looking to purchase my first multi family home in the city of Colombus and am looking for the hard numbers, metrics I should be on the lookout for, and sample properties to get my hands wet as far as what’s considered a good deal and area to invest in.

Purchase price: $73,000 Cash invested: $25,000 Current market rent $1295 vs $1300 for Section 8.

Purchase price: $230,000 Cash invested: $62,000Duplex purchased in 2020.

Assuming I purchased a property, how do I find renters?

Instead, consider a DSCR loan (based on rental income) or refinancing into an investment loan post-purchase.

Purchase price: $92,000 Cash invested: $30,000 Bought as our starter home with intentions of renting out after a few years of living in it.

One thing that I would add is your plan to refinance the property once the sellers note matures and that's when you'd pay them the rest of the purchase price through a cash out of the higher valued property.

Purchase price: $325,000 Cash invested: $80,000 Good sized three family property with small lot on fairly busy main road.

Buying your first property to live in, and renting out rooms is a great way to cut back on costs and if you set that money aside, it will grow and become down payment funds for a future purchase.