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.

"My name is Isaiah, I am a local investor looking to start my investing journey and have started by identifying some properties with long-time owners with good equity.

But, far too often, I have seen new investors stuck in analysis paralysis because they are being a generalist. 

I look at this issue from a different perspective.As a real estate investor, can you find a way to make more than 7% return on your invested cash.  

captial partner is probably what your looking for.I would advertise on Pace Morby's facebook lots of beginner investors on that site that might do deals like this .. most experienced investors wont do gap funding based on risk. 350k unsecured line from a bank is really good those are hard to get.

A higher cap rate indicates a better investment, as it means the property is generating more income relative to its cost.Our findings suggest that Reno is a good market for real estate investors, as it offers the potential for strong cash flow returns.

If not there, there's a few FB note investor groups where you could post it and someone maybe interested.

Hello, 
I live in California, and bought my first investment property (SFH) in Peoria, AZ. Looking for guidance from the powerhouse of knowledge that this community is. Trying to educate myself on all the rules that ...