Only buy stuff, even for your room, that you plan on leaving behind when you buy your next home.

Aside from offering this as a benefit to outstanding tenant prospects.So, you think a GOOD tenant will break a lease and accept a judgement against them that may follow them as a lien, gaining interest all along, and nixing their hopes of buying a home for years unless eventually paid off?

I started looking into real estate as a way to financial independence around that time and was offered to buy my first property by a family member who was looking to leave the investment world.

I am doing this because this is not the only property I intend to buy so I thought I should start off with an LLC now.

Purchase price: $592,000 Cash invested: $85,000 Sale price: $800,000 Bread and butter duplex buy, rehab, and split for resale.

Which city would be the best investment for 2024 among Little Rock, AR, Atlanta, GA, and Nashville, TN for a buy-and-hold strategy aimed at long-term appreciation?

I buy alot of duplexes How did you find this deal and how did you negotiate it?

Basically because I'm foreign I don't qualify for residential mortgages and it would be much easier getting an asset-based debt.Or do you mean buying in cheaper tertiary markets?

Just purely looking at numbers property 2 comes out ahead buy a few hundred bucks a month depending on how high it gets bid up.Any advice on this?

As you've already observed, when you buy a $500k property and finance at 50% LTV to rent for $2,800/month, your Cash on cash is abysmal.