April L.
Any reason NOT to invest with a friend for first-time investment purchase of STR?
4 February 2023 | 16 replies
.; a house hack), and then gradually build up to more advanced strategies as you gain experience.
Cole Wasden
VA Loan best method for first military home buyers?
24 February 2021 | 4 replies
It can also be done up to 100% of value, so you don't need to build up any equity.
Mark Kohn
Noob question: Ok to buy negative cash flow but build equity?
2 May 2023 | 24 replies
The other three ways are 1. tax breaks (a. depreciation and b. repairs, improvements, real estate tax are all income tax deductions) 2. equity build-up through principal pay down, and 3. appreciation.
Bob Willis
Commercial Property, potential opportunity with Dollar General
27 July 2022 | 12 replies
They later find out the buyer when they want to sell does not like items in the lease and that affects now what a buyer will pay for the property with cap rate and returns.You might be hitting 5% cash on cash return off of the down payment before mortgage paydown equity build up and any tax benefits.
Alex L. Goodman
First time investor and choosing lender
16 November 2022 | 13 replies
You're going to need 20 - 25% down and I recommend a reserve to handle emergencies for that first year until you build up a reserve.
Da Shiek Woodard
1 Primary and 1 Rental, Low Cash, Next Move?
26 September 2022 | 16 replies
I'm more interested in cash flow than equity because I want to build up my cash reserves, but I'm sure there are other ways besides searching Zillow.
Landen Hawk
Purchased Duplex in Prime KCMO for STR
17 January 2023 | 4 replies
I'm licensed in KS and Mo and also work with many investors, both local and out-of-state, to assist them in building investment portfolios here in the KC area, regardless of strategy.
Tamera Muniz
STR Woes... am i panicking or is there a solution?
20 January 2023 | 37 replies
You need time to build up the rep and reviews.
Zach DiFilippo
New Investor Looking For Advice
12 July 2017 | 6 replies
My recommendation is that you make the move up to Jacksonville, use an FHA loan with the first time home buyers program to purchase a quad and house hack until you can build up the capital to make your next move.
Kevin Coggins
Niche or jack of all trades?
23 June 2017 | 6 replies
Most people allow for other strategies (flipping, wholesale, etc) to build capital while you are waiting for your money to build up to your next buy and hold, but they will still focus on a niche