He hasn't paid a dime to help with the taxes since the first year they bought it.

I plan on putting 20% down on two 4 unit buildings soon that rent for $625 a unit, and then I plan on saving every dime I can, I already mostly do, and purchase a duplex with cash due to not being able to get any more mortgages due to high DTI, after the duplex purchase, I will take all of the cashflow and pay down the 2 4plexes and I should have those paid off by the end of 2023 or so, and I will be fairly debt free (I house hack a duplex that has a mortgage) while owning 1 duplex and 2 4 unit buildings free and clear.

I've been poor myself and didn't much like it, but I never took a dime I didn't earn from the government or anyone else.

If you subtract repairs of $40,000 your purchase price should be no more than $257,000 if you pay more than that, only a stupid investor will give you a dime more than $257K.

It shows the value of the contract to you as a buyer, if it's just a dime, no judge is going to see that as a serious value in and to the contract and may simply dismiss your claims against a seller to force any agreement.If your seller never complains, if all goes well and there are no real mess ups, you really don't need to put a ton of money down.

Shari Posey As someone who markets to and works directly with sellers, I can tell you that buyers like yourself in this market are a dime a dozen.

Step-increases only prolong the inevitable, and leave tenants thinking you are just trying to nickle and dime them every few months.

Sounds like they spent every dime (like they said) but didn't get to do all the things they wanted to do.I guess I would just feel a bit sorry for them.

Never saw a dime.

I have not made a dime in almost a year and am getting frustrated.