:)Some stats:16 x 2bed, 1.5 bath unitsNOI: 70000Cap: ~10%COC return: ~12%Little about me:Currently working in Corporate America in the Tech sector but I want to build a real estate portfolio to assure my family never ends up homeless.

You get 100% of your tuition returned if you do not close profitable deals in the first 6 months.

You will also need two years of tax returns that prove you can pay the mortgage and that your debt to income ratio will be enough.

Now if the service member is deployed and the spouse trashed the house and didn’t pay rent good luck, you will probably have to wait until the service member returns to proceed with an eviction.

2 years tax return ?

Are they referring to calculating returns?

Best episode in recent memory.

Your other option would be to take a HELOC and use the money to buy a second property that has a better return to support your passive income.

Redoing the numbers if rehab costed 30k still return 10.27% on cash invested.

Any portion of a tax return may not be the actual numbers you want to see.