Purchase price: $396,000 Cash invested: $70,000 This property was already an Airbnb and came furnished with everything.

After he shows you the property, drive by there at 9PM on a Friday night.

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

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.

I think paying off a loan with a high interest rate debt and adding to the principal is one way to stay liquid within the property. 

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

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

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

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

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