Purchase price: $425,000 Cash invested: $5,000 Helped my past client out of a difficult situation.

I found a few that I liked and Melissa was able to help me quickly identify which ones were best for me and proceed with the purchasing process.

Purchase price: $271,000 Cash invested: $30,000 Duplex with 1 bed, 1 bath in each unit + 3 car garage in a great neighborhood.

Hi Troy congrats on your purchase, which it seems you purchased at a forelcousre auction.

Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

I currrntly own a home and am renting it out, I am working on purchasing a duplex.

The purchase price of this property was only $170K. 

If you can show that the numbers work, you can get 100% of the purchase and rehab covered.The key is finding lenders who work with new investors.2.Partnering with Experienced Investors– If you don’t have capital, you can offer your time, effort, and hustle in exchange for a piece of the deal.

These estimated costs should then be reconciled back to actual costs or the purchase price.Have you had a cost segregation study performed?

I also purchased these while residing in CA!