I am currently helping a VA buyer purchase a home with an assumable VA loan in Skye Canyon.

Deduct NEW property taxes after you buyDeduct home insurance costsDeduct maintenance percentage, typically 10%Deduct vacancy+tenant nonperformance percentage(we recommend 5% for Class A, 10% Class B, 20% Class C, good luck with Class D)Deduct whatever dollar/percentage of cashflow you wantNow, what you have left over is the amount for debt service.Enter it into a mortgage calculator, with current interest rate for an investment property, to determine your maximum mortgage amount.Divide the mortgage amount by either 75% or 80%, depending on the required down payment percentage - this is your tentative price to offer.If the property needs repairs, you'll want to deduct 110%-120% of the estimated repairs from this amount.Be sure to also research the ARV and make sure it's 10-20% higher than your tentative purchase price.As long as the ARV checks out, this is the purchase price to offer.It is probably significantly below the asking price.

Hi everyoneIdk how to feel about this.In 2021, I purchased a property that used to be a duplex.

Other insights to be gleaned from the stats: Cash purchases dominate more than ever, representing over 62% of purchases.

Invest in a Rental PropertyUse your equity: You could leverage the equity in your current home to purchase a rental property.

I use a hard money lender here in Memphis TN that is 12% interest paid 1% monthly, 100% purchase & 100% rehab w/5points up front.

Purchase in an international market for potential high returns?

Purchase price: 3.

@Mike ReynoldsSeller financing is allowable for Solo 401k purchases.

That ensures you don't spend it on other things and that you know exactly how much you have available to spend on the next purchase.