If Borrower wishes to exercise this option to extend, Borrower shall notify Lender of Borrower's intent to extend in writing prior to the Maturity Date.Security for Payment: This note is secured by n deed of trust of even date from Borrower to Doc Prep 911, Trustee, both of which cover the following real property: Lots xxxx, City of xxxx, according to the map or plat recorded in xxxx, Map Records, xxxx, Texas.

The 70% rule suggests buying a property for 70% of its ARV minus repair costs to ensure profit.

I have 6 (3 cabins on one property) and I pay $5 a month for all of them.

They can depend on the person and the property along with a multitude of other factors.

Incorporating a value add strategy to your house hack has the potential to move you quickly from one property to the next.    

>the equity would be about 1:1 immediately if he wanted to price and sell the property. 

Are you still interested in investing in SFHs or want to try smaller multifamily properties as well?

I own a few properties in the Los Angeles area with a partner. 

Other options include partnering with someone with better credit, negotiating seller financing, or leveraging existing property as collateral.

Tell us where you are from, where you are looking to invest, the strategies you want to pursue, and who you want to network with, be it local investors, agents, lenders, property managers, contractors, or more.