Realtor How did you finance this deal?

@Steve Rozenberg when purchasing a portfolio do you guys pay cash or use bank financing, owner financing?

You had to know a lot about finances and be able to look at a property's current numbers.

The 60%  will give you the best possible financing terms and assuming good credit still give you enough cash flow to cover routine maintenance/vacancies with a payment around 1100~ a month. 

The dept of finance has my estimated gross income over 150k then what it really is.

I am a 16 year old planning to form an LLC under my parents name in order to qualify for business credit to cover the down payment on my first investment property I will also pair the business credit I am able to qual...

As much as finance is mathematical, it's also behavioral.

I typically rely on external sources for experts in finance, accounting, and other areas which I simply am no expert in and am happy to rely on someone else.  

Get your finances in order2.

This keeps the finances of your personal and business lives separate.