The benefit to this was—I was able to purchase cheaply, and put more money towards some interesting renovations that boosted the home value, and made for some awesome perks for my future tenants. 

Hello everyone,My name is Eddy and I am a second year college student at UMass Amherst. I plan to buy my first investment property in 2020 after I graduate. In the mean time I am interested in connecting with investor...

My client is an investor who is looking to build a relationship with an excellent contractor for this as well as future projects.

I feel confident I could get a home loan for 80% of the value and put this towards my future rental deals.Honestly though, I’m unsure if I should do an all cash deal and invest my equity - too include the rehab/vacancy/insurance cost etc. or if I should apply for a home loan directly on this new property and just pay the 20% upfront.

I'm new to the CA Bay Area and looking to purchase a multifamily in the near future (preferably within the next 4 months).

Overall, I'm pleased with how the purchase has went, but I definitely need to be more diligent in the future as I start to use more of my own capital or private funds.

Here are the numbers,Purchase Price: $165,000 as-isFinanced: $123,750 (25% down, couldn't put any less down with a conventional lender)Mortgage Rate: 5.25% (no points); 5.35% APR -rates are on the rise it seems.Estimated closing costs: $4,500Initial cash invested: $46,310Gross Rent: $1,725 ($875/$850)Operating Expenses: $815 (includes mgmt fees @ 10% & capex of $275/mo)Cash flow: $140.77Principal reduction: $142Cash-on-cash: 3.65%Total ROI: 7.4%Possible near future repairs: Roof (Estimated at $4,000); windows (Estimated at $5,000). 

I'm looking for a good lawyer and future friend here in Durham.

What I can't tell is if updating the plumbing and electric now will cut down on future headaches, or will the headaches be caused if we have a few hundred more to pay monthly in loans on the renovations. 

Hi everyone,I'm posting looking for advice, and to hopefully help educate future home-buyers!