Purchase price: $215,000 Cash invested: $55,000 When we talk about long term rentals the goal is to buy something that people are going to live in 3-5 years with the ability to raise rent over time ahead of insurance, taxes and inflation.

@Eli KingThe seller would need to contact the servicer of their loan and confirm it’s assumable.You would then need to qualify with that servicer plus have the funds to cover the difference between what remains on the loan and the purchase price for the home.

Most people focus on Space X when they talk about Brownsville, but I think LPG will have a larger effect.The bad part is that Brownsville itself isn't great.

Purchase price: $110,000 Cash invested: $88,000 Woohoo my project is finally finished and is listed for sale!

working on purchasing a 8plex now in nd, Cyndi

It’s not a performance based model unless you negotiate a bespoke contract, or have a larger portfolio. 

The steps, licensing, regulations and everything are much much higher on option 1, however obviously would add a larger target market

We looked into purchasing the carts ourselves but insurance was difficult if you didn't have a fleet and general did not cover. 

Typically closing costs are around 1.5-3% of the purchase price depending on buy down points, tax proration, etc.

Purchase price: $355,000 Cash invested: $20,000 Sale price: $500,000 I purchased a 2 bedroom 2 bathroom condo 1488 sq ft. located in Chino Ca.