You can expand your network in this manner, which will lead to conversations with people of varying backgrounds, who may need your help.

As long as the cash flow exceeds your PITI, it can help offset the debt, but lenders will have different criteria on how they calculate this.For your second question about a duplex with seller financing, while the seller may still hold the title until the loan is paid off, the rental income you generate from the property could still be used to offset your DTI.

This test ensured that 75% of the total monthly rent for the building would cover the mortgage, taxes, and insurance on the property.For example, consider a three-family property generating $2,000 per floor, totaling $6,000 in rent.

Ive received literally hundreds of leads through their lead system/Find An Agent, and have never converted a single one.

In San Francisco, this choice is taken out of your hands and is instead a determination made from and by the Planning department.From an Investment POV, you are absolutely correct that combining the lower and the ground floor units is the best option to preserve your ability to perform a fast track condo conversion and generate the most equity in the shortest amount of time.

We went from making an average of $7.3k per deal in 2017 to $35k per deal in 2019, sometimes hitting home runs of $70k, $80k, and $90k in profits—more often than we could have imagined.We also started building a team, hiring Acquisition Managers to meet with distressed seller leads.

Offer a lead magnet, such as valuable content or resources, to attract potential investors and capture their information.

Cash flow is the safety net that shields your investment from the necessity of a rushed sale, while appreciation leads to wealth accumulation.

Many investors only look at projected returns and invest based on that, and therefore don't realize that the property is barely generating cash flow, because they are getting a 7% return day one.

Given that your primary goal appears to be generating cash from flipping, there aren’t many tax advantages available in this scenario.