Having that fixed rate would definitely give you some peace of mind, and stretching the payment over 30 years could seriously boost your cash flow.

Probably has a better chance for higher cash flow in certain markets with that method as well

They are all on Social Security, which is good from a regularity standpoint, but if they screw up and miss even one payment, you'll have to evict them, because they will never catch up.Good luck!

At today's rates, total payment would be roughly $3,500.

I think if you're house hacking, as long as you can get your monthly payment to break even or just be lower than your rent, it's a great deal.

The BRRRR method stands for Buy, Rehab, Rent, Refinance, Repeat.

The cost to go up in limit is normally cheap)Medical payments  (for small cost injuries that happen on site. 

The sell price was:$246,500Down payment was:$40,000Mortgage is 15 years @. 7.5% still owe about $150k and considering a refi with actual bank in a couple monthsThese houses need work:1st house-$100k value is a 1/1 doesn’t need much rehab at all.

Hi Drew, Down payments for a primary residence start as low as 3%, while down payments for an investment property (in any state) start at 20%.

If you're looking for good Morning Meet Ups to meet other investors, here's a couple.Tuesday 8AM - Jonathans Restaurant Matthews, NCWednesday 8:30AM Rock Hill Diner Rock Hill, SC (We Host this Group)We practice the BRRRR method and have a full team.