So far, I’ve only invested in stocks and the idea of investing in real estate seems somewhat risky to me.With this being a real estate forum, of course there will be bias as it relates to the stock market vs. real estate.

Cash flow is usually strong because rent prices are decent, and the cost of the property is relatively low compared to places like California.

In rural areas where I am, like northern Johnston County or northern Harnett County, I don't think there are many laundromats relative to the population.

.: Hi Everyone,I am relatively new to rental properties and currently own 3 single family properties as rentals.

What he is a party to is his contract with the seller, which depending on exactly what is included, can find the buyer liable to the seller for an action in relations to the existing note.  

I can relate to where you’re coming from as I’m also new to real estate investing and actively working to build my knowledge and network.

Another nice bonus of using this as a funding source is no closing costs, big help on the front end.Obviously, if all goes relatively well, the plan would be to hold these properties as rentals and refi at some point down the road when rates on mortgages drops back down a bit, whenever that may be.

I forget; it was payment processing related) that required me to have a website for the business.

What are your Loan terms and P/I relative to the cashflow after taxes?

While I do not have an official W-2 currently, I do have a steady income, great credit, and have money saved as well from working since I was 13 years old.I relate to Ian Kay in his journey but also am very determined to make my goals/dreams a reality this year by July 2025.