.- Property receives one set of taxes- Both houses are approximately the same sq ft. (1300)- Two single-family homes, not attached (two different addresses)- Property size 0.45 Acres- Township won't allow subdivision unless each house sits on 0.5 acre lots- Will reside in one house upon purchase, and will rent out the second house- One house currently rented out for $1,400 a month with a one-year lease- Purchase price $260,000Looking for ideas or best ways to finance this type of property!

But what many forget is when using yield it assumes you are reinvesting the money you receive every month back at the same rate, which when lending we know this is not the case.

While getting on BP is a great place to network and receive feedback as well as learn, I think educating yourself is a great base before getting started.If you are interested using the BRRRR strategy and haven't gone through the book already, I'd highly recommend listening to on Audible or reading the hardcopy of the book.BRRRR on AmazonBRRRR on Audible (1st and 2nd download w/ audible are free I believe)

Let them handle the wage garnishment and bank levy. 20 years is a long time for deadbeats to turn things around, get married, receive an inheritance, need to buy a home/car/etc.

You get access to 80% of your cash back to move to the next purchase.The other option is use a small portion of funds 15% to purchase any SFR or 2-4 units through an investment purchase typically Bank portfolio.

We recently received a quote for a commercial property buy.

High cash flow is typically key, which is more my approach now.

Thats probably about right for an investment property, the interest rates that are advertised are typically based off of the best credit and you will also have a higher interest rate with it being an investment property.

Many tenants have so infrequently received their deposits back they consider it a fee so have no incentive to sweep before sliding a heavy piece of furniture or stop sliding if they hear a scratching noise, etc.  

I've been in the real estate game long enough to know that understanding investors' objectives is like receiving a treasure map to profitable deals.