I love the beach and I live in Madeira beach Florida.

During the recent period of low interest rates I acquired some rentals with a 15% down payment in order to stretch my cash further toward down payments on additional properties.This helped with the down payments and my math showed that even with a little higher interest rate compared with 20% down and the PMI until I was able to remove that this would still be the wiser choice. 

Hi Michael,On a purchase you can't take out additional funds to pay for the repairs, but you can pay them out of pocket.

I live in a small town and get at least 10 applicants everytime I list.

Not sure how you feel about living around others but a 2-4 unit would be a great investment but also a great way to learn about real estate investing and which direction you'd like to go with moving forward. 

Purchase price: $171,000 Cash invested: $34,000 Bought a 2 unit as a househack, living in the upper and renting out the lower unit.

Consulting a real estate attorney experienced in creative financing methods can help ensure compliance and protect your interests.Texas has specific regulations regarding real estate transactions, and certain creative financing methods might be subject to additional scrutiny.Insurance and Taxes:Ensure that property insurance and taxes are kept up to date.

When I lived in Dallas I had a lot of friends who sought in 2009/2010 - by say 2012/13 they saw decent gains but now in 2024 they’re so glad they did.

I had an agent lined up to go live with it for the 4th of July weekend .

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.