If you can still call the property owner occupied, that will give you a little boost but that might be problematic in your plan as the lender will want you to stick around in the property for 24 months to call it Owner Occupied.

I’d like to buy my parents’ primary home at market rates then rent it back to them so they can add their equity to their nest egg and boost their retirement.Details.I live in TX and am selling a SFR in San Antonio.

For a first park, strive for what we call "stabilized with upside" which means a nice, safe, liquid park that you can still boost the NOI based on annual rent raises and filling some lots.

I’m 22 years old with no wife or kids so I would have two extra bedrooms I will most likely rent out to friends for maybe $250-$300 a room which can boost my monthly profit up to approx $646.Cash on Cash- 5.39% (I did $46 (monthly income) x 12 then divided that by $10,250 which is down payment and closing cost and ended up with 0.05385) correct?

They're going to be willing to work with you.If the wife wants to sell because they're losing their shirt, then you're going to have more limited options with them from what I would guess anyway.But buying 12 in one fell swoop is going to be a really big boost to your portfolio.

Keith, I couldn't agree more as to how much working in accounting has boosted my real estate investment, believe it or not I got into both at the same time.

The commissions I earn from representing buyers/sellers will be added to my REI war chest, and going through the course and seeing deals close first-hand from start to finish is an exceptional way to learn/ boost confidence. ^^ That was my long-winded way of saying I think getting your license is a good idea and I wish you luck in your new adventure. hahaHere's a link to the course I used: https://www.realestateu.tv/ .

We just found out that our really small community that I live in is going to get a GR8 big boost as there is going to be a new business venture coming to town and will bring in approximately 100 jobs directly related to the new business.

I would just boost your estimate for repairs and vacancy due to high turnover from military personnel moving around a lot.

That'll boost your credit immediately.