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24 July 2024 | 38 replies
Jonathan Pflueger I got seller financing 20 years 5% fixed rate 4% down and I collect rents for 6 months before making first payment.
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26 July 2024 | 25 replies
The main problem with single family is it's hard to quickly deploy large amounts of cash.
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25 July 2024 | 18 replies
Car washes require regular maintenance, collecting cash, etc.
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27 July 2024 | 6 replies
I personally recommend looking into out of state investing in a market like Columbus OH for cash flowing deals that hit the 1% rule and have lots of appreciation due to the great macroeconomics - population growth, job growth, and major companies developing here (Meta, Intel, Amazon, Google, etc.).
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24 July 2024 | 10 replies
The cross collateralize those for your down payment on an investment grade deal.
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24 July 2024 | 6 replies
I understand that I can buy and move into the next property after a year... but that is only one house a year.I have heard that scaling through partnerships and DSCR loans is an avenue, but are there other ways to scale quickly with little cash on hand?
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25 July 2024 | 7 replies
(Max vacated rents - your monthly mortgage payment) = +/- net cashflow.
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24 July 2024 | 11 replies
This will make it easier to reconcile expenses and ensure that each property is being properly funded.Automating the payment process can also streamline the process.
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24 July 2024 | 7 replies
In contrast, rental yields are relatively lower, which can make it challenging to cover mortgage payments and other expenses solely through rental income.
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22 July 2024 | 17 replies
Pay cash for the property and the rehab, then do cash out refi.