My main goal is as followed  House hack live in one unit rent freeMake $1k net per monthHave 30k-40 equity after rehabbing the property2-4 unit propertywhat I have as my financial outlook is as follows177k-182k2k debtcredit score 775I have year w2 with business income shownI (CARE ONLY ABOUT CASH FLOW I DO NOT CARE ABOUT APPRECIATION), and for that reason want to find a 3 unit place, I do not want to go to Newark and I am from Paterson NJ which I don’t mind hands on.

My main goal is as followedHouse hack live in one unit rent freeMake $1k net per monthHave 30k-40 equity after rehabbing the property2-4 unit propertywhat I have as my financial outlook is as follows177k-182k2k debtcredit score 775I have year w2 with business income shownI (CARE ONLY ABOUT CASH FLOW I DO NOT CARE ABOUT APPRECIATION), and for that reason want to find a 3 unit place, I do not want to go to Newark and I am from Paterson NJ which I don’t mind hands on.

I held these in a 30,000 ft.² office building which I named Weese financial Plaza, even though I only had 1500 ft.² It was impressive for people to attend one of my seminars in a building with my name on it and they came with their checkbooks!

After listening to this episode turning your primary residence into a financial freedom. 

Although it’s your equity, a HELOC needs to be paid back all the same with interest.Failing to handle this debt properly could hurt you financially and lead to negative consequences; however, handling it successfully can help you manage your expenses as well as lead to positive financial gain down the road.

As we plan for financial independence, and calculating our target financial goal, one big (unkown) piece of the puzzle is health insurance costs.

A good agent will act as an adviser and will help in making important decisions or at least providing you good information so you can make the best decision for your current circumstances.

You can have the most iron clad mortgage and personal guarantee but if you are lending to an investor who is not qualified or financially stable then you are rolling the dice.  

Can someone explain how to evaluate if a multi family is a deal or not without having access to the historical financial data?

My goal is to own multiple houses to be a financial free and buy our dream house!