I want to become real estate agent to use money to purchase properties and flip etc and find properties.

Hello, I am trying to purchase my first investment property which is a 4-plex.

Hey Connor the way I look at it is depending on what your plan is with the property, if you plan to keep it for the long term and the numbers work (Cash flow, equity, Appreciation etc) then negotiate a price you are comfortable with and go for it.

Do you sell the entire system or just parts? 

They will also examine property rent rolls, leases, and expenses to verify the property fits their DSCR requirements. 

Familiarize yourself with the types of properties commonly financed through private money lending and the current trends in your area.

Purchase price: $98,000 Cash invested: $15,000 I purchased a duplex in Milwaukee as my first rental property, utilizing a conventional loan with an 8% fixed interest rate.

I’ve combed through a year’s worth of police reports and found no phone record from the property.

You are looking for a combination of 3 things: sufficient vacant land, residential and commercial, all in 1 property and affordable.

I did open an account with Wells Fargo since all my other accounts are with them.As I started investing in different properties, my balance is getting much smaller than the original deposit.