Second, the other owners are interested in selling to raise cash.

So I looked at some local markets like Sacramento where I'm from and familiar with the neighborhoods but the cashflow would be so negative that I'd be paying out of pocket every month.Now I'm more inclined to buy a single family in KC as it seems the rates won't drop anytime soon so would like to get in the investment game sooner than later and hope for a rate drop in few years to refinance.I have been looking on Zillow, and recently connected to an agent to run numbers and seems I could make about $100-$300 after mortgage payment and insurance.

•I want to refuse the payment and ensure the tenant leaves on July 15th.

It just needed to be unique, highly desirable, generate cash flow for career freedom, create a legacy of memories and monetary liberation for my children and my children’s children.

Purchase price: $240,000 Cash invested: $10,000 Working on getting this first "OFFICIAL" deal under my belt.

Hey Chi,Cleveland is good for cash flow and doing value adds.

Really depends on (1) if the tenant is being honest and hasn’t fabricated the story for sympathy in getting out of the lease and (2) if the tenant is telling the truth the financial condition of the tenant (struggling to make payments vs having $2 million in an IRA).  

Are there any circumstances under which you would find it advantageous to double-close when you had a cash buyer willing to buy assignment from you?

Using credit instead of cash for reserves is an aggressive option that can increase your investment returns, but it increases risk: will credit still be available if/when you need it?  

I live in South Carolina, and I have a rental property in Texas. I have a tenant who is a nurse with a decent income. She normally pays rent on time except for the last couple of months when she paid a few days late w...