The way I see it, a brand spanking new duplex wouldn't be the smartest deal because of the high purchase price and you'd likely not cash flow, if not be in the negative.

The tried and true way is to purchase a off-market property, rehab for no more than 75% ARV, refinance to get your money out or payback the private hard money loan - start short-term leasing the property.

So, sellers can also be asked to sign notarized affidavits personally guaranteeing the validity of leases and ledgers.So now, let’s get to the clause to include on your purchase agreement to make sure you get all this information in enough time toreview it.Seller(s) agrees to provide the following to the buyer within X days of buyer’s satisfactory inspection, but in any case at leastX days before closing: All rental leases, rent ledgers, tenant(s) valid phone numbers and email addresses, rental applications& supporting tenant identification, income and asset information, any documents corresponding to any ongoing legalactions pertaining to the property, leases, service contracts, etc., at least three (3) months of the most recent bankstatements for any account(s) rental funds were paid into and any company or corporate tax returns for proof of income andexpenses.

Purchase price: $250,000 Cash invested: $65,000 This is my first flip.

I'm interested in networking with investors who want to purchase multifamily assets in the Michigan or Ohio markets.

I originally started working with my current brokerage specifically because the broker said she was more than willing to sponsor me later to get my own corporate license once I had the qualifications.

Wholesaling in the mobile home niche involves a similar process to wholesaling other types of real estate, but there are specific nuances, especially considering mobile homes as personal property rather than real property.

Purchase price: $118,000 Cash invested: $30,000 This is a single family property this is rented by the room.

For some reason my notifications aren't working correctly so I just seen your replies.Taro, I would imagine that i'm too late to assist you with your specific deal.

I have other considerations like quality of the house at purchase, neighborhood, renting room specifics etc.