I did some research using Zillow and realtor.com to see if there’s over saturation, average prices for purchase and average rent.

My wife and I purchased a home in the Seattle area back in 2018.

My plan to purchase a home wouldn't be the traditional route. 

Here's how you can structure it:Contingency Clause: Include a clause in your offer that states the purchase is contingent upon securing a lease agreement with a tenant within a specified period.Time Frame: Define the time period within which you need to find a tenant.

Purchase price: $116,000 Cash invested: $27,000 Sale price: $187,500 Replaced kitchen, updated bathroom, drywall repairs, paint and flooring.

I ultimately finished crunching the numbers between this spreadsheet, the sellers 1040 forms, some minor things needed within the property for expenses, and purchase price. 

@Noah Yashinsky hi Noah yeah just purchased a four Plex in pharr last month.

Hey y’all,Exploring my first BRRRR, and curious about financing strategies of initial cash purchase vs HML.

Cost-Effective Entry:Buying a duplex often requires a lower down payment compared to purchasing a multifamily property (5+).

My fiancée and I purchased our first home in 2017, and accidentally stumbled into about $125,000 of equity with it.