People didn't care so much when interest rates were 2.5% but it's a big deal when interest rates are higher.A man in debt is a slave.

Purchase price: $28,000 Cash invested: $25,000 Bought this property in the worse part of town and I have the best tenant in it of my 18 properties.

So for now I feel a duplex is best for our goals.The home with the $45k balance might be our forever home once flipped the way we want it in year 3, but for now it’s occupied by a family member and we don’t want to change that…..We want to use our cash now for these duplexes and save that for our home in year 3.

Welcome to the BP forum and best of luck on your real estate investing journey!

I'm not in new development but their down payments, interest rates, and terms are likely different than buying an existing property.

This will be the best way to connect with everyone you need to make a deal happen (lenders, wholesalers, contractors) hopefully you can meet other out of state investors who have done it before.I'm based in St.

Do you prioritize competitive rates, flexible terms, or quick approvals when securing funding?

Do you think it is best to first max out Roth IRA before investing in real estate?

Hello BP,I'm wondering if any experienced operators out there can shed some light on best practices.

The other unit is occupied by a tenant that has been there for years and is paying 150% or more less than market rates for rent.