I am doing my first house hack next month and I have 2 extra rooms to fill in a single family home. I am going back and forth on whether i should do a 12 month lease or month-to-month lease for the two tenants. Any re...

I’m seeking advice on how to effectively create an offerand structure the deal.

- How did you structure the deal and earn your way into the GP?

We're looking for the most simple method possible.

I have several properties in my portfolio including a 4 plex I'm closing in about 10 days. 7% seems very conservative, I think you could find some deals with an cash on cash of at least 10-15% if structured and purchased correctly.

If you can structure the conversation and deal in a way that accomplishes the needs of the seller, you might get seller financing at better terms. 

Again, it's a less exactly method of getting to gross rent potential but it's a start.   

I now see an opportunity to pool money together from several people and start to purchase multiple homes at once, however I am not sure how to properly structure this business.I wouldn’t be buying large apartment complexes like a syndicator (I'd need much more experience to handle large deals lie that) but I think the basics still apply.

The property does not need any work other than a deep cleaning.64,500 purchase price 10% down because the loan will be structured as a second home. 6,450.3,000 closing costI will be taking out a loan and have excellent creditAfter the down payment and closing cost, the amount financed will be 61,050.

I will consider removing the inspection clause once I am more comfortable with my ability to evaluate structural issues or in houses where the land value exceeds the purchase price.