It appraises for $250k so the investor (after all you can’t sell to an owner occupant, the buyer who would pay more than the investor.) has to bring 20-25% of the $250k plus all of the $50k extra.

GL in all your future REI ventures.

Brought all parties together and physically helped my friend go through the house to pack up family heirlooms What was the outcome?

Excited to learn and connect with you all!

Buy Buy Baby is closing all 10 of its stores by the end of 2024, marking the end of its brief brick-and-mortar revival.

How did you all come in contact to purchase a home for them to rent?

Hello , my name is Jay I’ve recently been reading and taking notes studying all about real estate rentals but came to a conclusion that it is something I am not all ready for just yet so I decided about doing land flipping or land for construction for new housing or developments so forth , but I hit a wall , which would be what type of bank account do I need ?

@Teahjsia Frazier one of the best ways to build a portfolio is to do owner-occupied transactions so you can put down as little as 3.5-5%.If you're single, house-hack by renting out all the other bedrooms - even live in the basement and rent out all the bedrooms to generate as much cashflow as possible.

@Tanya MaslachI purchased all my 4plexs with Cris, but I recommend messaging all 3Cris A.

I don't think your mortgage factors in at all.