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.

Hey everyone, I’m trying to decide between purchasing a single-family home or a multi-family property for my first real estate investment in Detroit, and I’d love to get some advice. 

Maybe it’s just gut feel, but for some reason It FEELS like these two scenarios will provide excellent opportunities moving forward, while fishing for notes to purchase at significant discounts to current principal enough to yield sufficient returns doesn’t seem as promising.  

So if you purchased one 4-plex each year, after 10 years you would have about $12K per month in cash flow.

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

In August 2022 I was with a group of investors at a property we had recently purchased in Costa Rica.

Purchase in an international market for potential high returns?

Have you considered using a down payment assistance (DPA) loan/grant for this purchase?

Purchase price: 3.

NOI divided by purchase price gives you cap rate.