You can use seller financing, or you can use hard or private money.

If so you should be able to cancel but if you are doing it out of the inspection period you are stuck and could run the risk of losing your earnest money if you put any down. 

Let's say you split the cost of furniture over a 12 month period amortization rate.Furniture costs: $583Rent $1500Utilities $150Total Cost = $2233After vacancy costs, your monthly rental revenue is actually only $2240 Formula for vacancy (2800*12)*.80You're not making money. 

So, as some of you may know, I managed to win my eviction hearing and the judge ordered the tenant to pay.Has anyone tried to collect on these judgements? 

I spent a lot of time and money to learn how to structure seller financing deals.

Any good resources for learning about hard money loans?

Quote from @Lledenhia Romero: i want to buy rental property in cities very good return using my sdria and also have property also looking for pm to manage it can anyone help meHow much money do you have in your SDIRA?

Military deployment money Lessons learned?

That’s great advice Taz, I’m currently working on saving enough money to get started, house hacking is hard for me at the moment because I just bought a house 2 years ago, I would have to sell my house(which is in a great neighborhood great location) and use that money to fund the duplex which isn’t totally out of the question, I would like to keep the house if possible but also would like to get real estate investing more.

So your super basic P&L may look like: $30,000 Rents-$3,000 insurance expense -$9,000 interest-$3,000 taxes-$8,000 operating expenses-$14,000 depreciation ----------------$7,000 loss on paper for the year  so negative taxable income But remember- $14k of that (depreciation) was something we didn't actually spend money on- so cash in bank at year end would be $7,000.