I’m looking into purchasing a property at auction.

The data below is from an actual rental I purchased March 2024 in Sheboygan, WI.

Purchase price: $123,000 Cash invested: $15,000 This was my first personal real estate transaction.

I am a rookie investor and have not purchased a property yet.Thank you in advance.

If you are purchasing something that is extremely  high value, consult with an attorney and get the proper entity for your specific use. 

Everyone already knows someone who can sell them a house in the US.With over 15 years of experience combined in international travel and Airbnb hosting, I am now a full-time consultant that helps Americans purchase property and set up their businesses abroad.Me and my partner own three apartments in Croatia that I manage myself remotely.

There is an amount that you can distribute from an IRA account to purchase a personal residence.You then might be able to turn the personal residence into an investment property.Best of luck.

MF is generally harder to find and purchase economically. 

What type of asset are you looking to purchase?

Purchase price: $310,000 Cash invested: $68,000 Single Family Home in West Hartford #2