The ideal home price for you will depend on: 1) downpayment size 2) risk appetite, 3) preference for more cash flow or appreciation.Given our price points, our investors need to have 35-45K to start, on average.The typical cash-on-cash return on our properties net of loan payments, insurance, taxes, and property management fees is 6-8%.Ultimately, you can obtain financing from any lender, although we have partner lenders that can provide very competitive rates.

I have never held a mortgage 15 years (or even 12.5 years) and I have had quite a few mortgages.I claim that it is better to have the negative cash flow and use the $450k to achieve a return in excess of the 6%.  

@Dave Meyer always cover this almost every month.Below are few episodes and resources to help you narrow down your options and finally start your investing.I recommend you pick the market that aligns with you real estate investing goals, your risk appetite and personality.https://www.biggerpockets.com/resources/real-estate-101/wher...https://www.biggerpockets.com/blog/best-real-estate-markets-...https://www.biggerpockets.com/blog/most-affordable-housing-m...All the best and keep up posted.

All it's doing is applying excess cashflows in your budget to principal payment.

Hi Kyle, 1500-2000 is excessive.

Different investors have different tastes, risk appetites, and long-term goals.

Hello BP Community!My name is Jed Butikofer and I am currently located just outside Bakersfield, CA, but move frequently for work. Background: My mother was real estate agent and my dad knew construction so we flipped...

I'm not so worried about "anonymity" because the house is our primary residence, so we're not hiding, but we want to look like we don't have excess assets.  

It comes down to having good insurance for protection.I keep around five rentals per LLC, and I am in Jacksonville, FL, where my homes are worth around $250-350k.Having more than ten bank accounts is excessive. 

Any cash flow in excess is gravy (on the poutine, I would guess).