He is willing to pull some cash out of this house to assist with some of the repairs also (so he has a mortgage to write off or tax reasons).

Proforma paints you a nice, smooth picture that never reflects reality. 3% assumption is in line with inflation, so your rent will grow as long as there is inflation and (very important) that inflation translates into wage growth for your tenants.

Hi BP members After reading the posts, I’m confused I’m interested in investing in rental properties, but again couldn’t find a good deal that generates positive cash flow, unless short term rentals So , what do you guys advice, look for another market, or can someone assist in finding cash flow generating properties Thanks

Alternatively you can become an agent's unlicensed assistant and get your own username and password along with limited access (some agents are okay with this, especially if you throw some deals their way or pay a monthly fee).

I’m sitting at a low 700 range and so is my wife, I’ve heard rumors that there’s potential government assistance for a down payment for FHA loans.

The purpose of this program was to assist underserved areas obtain financing, and in-turn, increase the sales volume in those areas. here's a link you can plug in a property address and see what the AMI is -- if it says "No AMI" or "no income limit", then there is NO CAP.

Let me know if I can assist you in any capacity!

So far after reflecting on the first draft of the card all day and asking for feedback from a few people here's what I already have heard-1. 

Victor, I'm not local but maybe I can assist you.

Tip #1: Check out events and happenings around you by clicking on the linkTip # 2: How to Use @Mentions on BiggerPocketsTip # 3: Setting up Keyword AlertsTip # 4: 25 Tips for Real Estate SuccessTip # 5: Check out the Start Here pageTip # 6: Check out BiggerPockets Ultimate Beginner's GuideTip #7: VotesTip #8: BP WebinarsTip #9: If you want information on Buy and Hold investing check out the Beginners Guide to Buy and Hold.Good luck and let me know if I can be of assistance.