Hello everyone,
I am looking to begin my career in Real Estate Investing. I have looked into a few ways to start off but would like to connect with people who are having success and can walk me through how to start. ...

I am also seeking a CPA who specializes in the complex world of real estate investors.

Many investors from California are choosing to invest in the Midwest because of the low barrier to entry and yearly cash returns making more sense in these lower priced markets.

Sohail Hassan is liar, a poor operator, and 100% only looking out for himself, not investors. 

In addition to the high cost of building, the low appraisal reflects there are many more owner occupied purchasers than investor purchasers so adding the ADU likely reduces the buyer pool. 

There's several investors in the group that can help guide you with your situation. 

Now there are some sellers that have great income and credit they just need to get out of town as in yesterday and Sub2 might work if the Sub2 buyer is credible and will not mess over the sellers credit… As in the Investor needs to make the payments on the underlined note regardless of whether their renter pays them or not.Back to your original question.

This creates two loan payments ($100,000 of equity and $300,000 on the new mortgage).Key NumbersHome Equity Loan Interest Rate: 6%Mortgage Interest Rate: 7%Rental Income: $3,000 per monthExpenses (management, taxes, insurance, maintenance): $800 per monthIncome and ExpensesMonthly Rental Income: $3,000Monthly Expenses: $800Monthly Mortgage Payment: $2,000ExplanationThe investor earns $3,000 in rent each month.They pay $2,000 on the investment property mortgage and $800 on other expenses.This leaves $200 profit each month or $2,400 per year.However, you have to pay $6,000 interest on the equity borrowed.This leaves you with an annual loss of $3,600.This example shows that while the rental property generates positive monthly income, the interest cost of borrowing the initial $100,000 results in an overall annual loss.

Hello everyone,My name is Nikhil, and I am a new real estate investor currently focusing on the West Michigan market.

So, I will share my opinion and leave it for other, more tenured investors, correct me.This is my understanding: your goal is to get the property at such price and location that it would make sense for investor (your buyer) to purchase from you and do whatever they want to do with it.