Purchase price: $233,000,000 Cash invested: $23,300,000 single famly, 4/2.5 2 story How did you finance this deal?

Purchase price: $1,355,000 Cash invested: $135,500 Bridge House STR What made you interested in investing in this type of deal?

Is It possible to create an owner finance contract; and have it written up with a note buyer (or not) so that: #1 The owner receives what she wants for cash when selling the note. #2 The buyer of the note receives what they want out of the terms of the note. #3 The purchaser of the property and making the payments on this note, (myself) can afford the monthly payments because of the rental income.

Reason to rent is to have to a loan payed off and a few hundred dollars each month cash flow after all expenses.

I purchased a fourplex using a HELOC on my primary residence so technically we bought the fourplex "cash" with no mortgage.   

I’m frequently asked by new investor hopefuls how to get started in real estate when cash is light.

Of course he knows something is breaking somewhere where he needs to switch course asap lol I'm an electrical contractor for tech in hardware manufacturing and tertiary companies.

It is effective Aug. 1, 2024.This ordinance is referred to as the Source of Income Discrimination Ban Ordinance" - which is identified in File #231019 and amends sections of Chapter 38 (Civil Rights) and Chapter 34 (Health and Sanitation) in the Missouri Revised Statutes for the purpose of classifying source of income as a protected trait in regard to housing discrimination.Here are some key takeaways from the attached ordinance:This ordinance bans discrimination against tenants based solely on:Source of income from an occupation, including gig work or paying rent in cash Use of public programs like Section 8 Housing Choice Vouchers, disability checks, or social security Poor credit score Prior evictions and alleged damages older than 12 months (less than 12 months can be a basis for denial) Prior convictions or arrests (sexual and violent crimes are excepted, a landlord can still deny based on these convictions)The ordinance also requires the city to proactively scan for rental ads using discriminatory language like "no Section 8" or "no past evictions".Landlords who are found to be in violation of the ordinance with respect to source of income can be fined up to $1,000 per incident.

Purchase price: $160,000 Cash invested: $35,000 A Bigger Pocket member I met at a local networking event had never invested, but really wanted to.

With multi family, you will likely cash flow better.