Hi all, I want to purchase a duplex to start my travel hacking journey.  

I'm under contract to purchase an apartment building in Ohio.

So, does a 3rd party purchase the property and the buyer pays the 3rd party?

Hey Travis, It is much harder to obtain hard money financing when you already own the property rather than purchasing it.

For investors, making informed purchasing decisions and gaining a deep understanding of the market is essential though.

Purchase price: $151,000 Cash invested: $60,000 Last year I bought my first investment property, a duplex with 2 bed/ 1 bath in each unit.

Purchase price: $74,000 Cash invested: $30,000 Beautifully renovated 4-bedroom split-level home that features a new galley style kitchen with 42" soft close cabinets, stainless steel appliances, recessed lights, updated baths with modern vanities and fixtures, large living room that leads to separate dining room off kitchen, three spacious bedrooms on 2nd level with modern decor, large lower-level family room with ceramic tile flooring with well-placed laundry cove, and recently laid sod in front and rear of property.

Purchase price: $443,000 Cash invested: $60,000 I've included the mortgage, a 5% rental vacancy rate, and a 5% capex reserve.

Purchase price: $136,000 Cash invested: $10,200 Small house with detached ADU in backyard.

Hello Team,Currently I purchase distressed properties, flip and resale.