Quote from @Cesar Garcia: So I'm thinking of purchasing a house out of state since my hometown market doesn't make much sense to purchase in. 

I now need a lender who can help me purchase my next properties so that I maximize the profits from my first property. 

Purchase price: $390,000 Sale price: $425,000 Contributors: Peter Vekselman Partner Driven, in collaboration with our partner Seth Choate, purchased a property on Grapevine Dr in Patterson, CA, for $390,000 on 7/18/2022.

I'm looking to buy a six-plex property in Watertown, NY, priced at $425k. The downpayment is 25%, with the seller financing 60% of that and me covering the remaining 40%. Each unit has three bedrooms. Does anyone have...

Purchase price: $302 Cash invested: $7,500 Multi family unit What made you interested in investing in this type of deal?

I am considering purchasing a triplex in Klamath Falls, Oregon.

I want to purchase the properties, set up everyone on a month to month lease, transfer the utilities to tenants and eventually raise the rents and collect deposits. 1.

If you find a good opportunity and purchase wisely, the rental income could cover a substantial portion of your mortgage.

NOI: $49,536CoC ROI: 16.57% / CashFlow: $1488/moPro forma cap: 8.26%Purchase cap: 11.79%Check out breakdown below 👇🏾 https://www.biggerpockets.com/analysis/rentals/6c76954e-deb6...

My ultimate goal is to generate $11K per month in passive income and I believe I can do that by purchasing 3 more single family homes in my area and paying off the entire portfolio.