However, how well a property cashflows or covers your mortgage greatly depends on the are and type of property you buy.

Seller has a mortgage that will prevent him from selling at a 6% cap.

@Josh Roman I have one that’s two houses with three units on one tax parcel linked to a second tax parcel that has always been on one mortgage.

Hello guys, we plan to take cash out refinance from one of our houses that are paid off ( no mortgage) and then 1031 exchange sale.  

If its a short term rental and the long term rent doesn't cover the mortgage then will be a 70% no ratio 

Would love to work with a mortgage broker eager to get the job done and get me the best deal possible. 

I actually started out by raising funds from private investors that had no interest in taking the time to learn how to actively invest in real estate themselves, but rather wanted to do so passively.

My mortgage is $1400 and the house should be able to rent for at least $2300.

(CSPAN).Today’s Interest Rate: 6.92%(👇 .05% from this time last week, 30-yr mortgage)Mortgage interest rates have calmed down a tiny bit, after staying above 7% for most of February, although they remain volatile.

Even when you pay 15-25k for these big time gurus programs you only get info and MAYBE private money if you’re lucky.