Purchase price: $255,000 Cash invested: $51,000 Second property, bought soon after the first multi-family.

Quote from @Melissa Sejour: I am new to the real estate investing space and was wondering how do you go about researching the best areas to purchase properties?

Hello, I’m looking for some information on Investors that might be interested in purchasing a mobile home.

The only additional thing that needs to happen is make sure appraiser makes note of why the value increase in as is vs previous purchase price.

@Mario Morales - As some others have said I think the strategy is sound, but the key would be to find a distressed property that you can drive up the value with renovations so that the new value is 25% higher than the purchase price so you pay back your HELOC.

The only two ways to rectify this are (1) purchase the property far below market price or (2) significantly increase the property net income usually through some method of “repositioning”. 

I am looking to learn about the industry and set a goal of making my first purchase this year if it makes financial sense. 

Yes quite a few of our 5,000 options have rate and term or purchase!

As a foreign investor, I can get financing up to 80% for the purchase of real estate, so the biggest problem for a more serious project is down payment if you have a solution for down payment, please suggest me. 

Purchase price: $125,000 Cash invested: $120,000 First try at turning a single family home into a duplex while going through the permit process for the first time.