All Forum Posts by: Ashley Burns
Ashley Burns has started 3 posts and replied 5 times.
@Mark Mattison....THANKS!!!
Chad Nagel....great input. I was thinking down payment and finance rest at higher sales price and higher interest rate....no balloon. This way I have more positive cash flow for a longer period of time. Foreclosure is always a possibility which is why I would prefer to do this on raw land (usually easier eviction process) but I am considering this on single family units as well.
Hey all, My name is Ashley and I am looking to start investing in reale state again. I say again as I have had a rental property before but it was for equity and not cash flow. I am trying to learn about the cash flow mindset and look forward to learning more from each of you!
Post: Multifamily vs single family vs condo
- Posts 5
- Votes 1
Seasoned investors....which type of residential investment do you prefer? Single family, multi family, condos, etc? I would love to hear your thoughts on the pros and cons of your preference.
Hey guys and Gals... I have dabbled in the rental market before while in the military but it was for equity and not cash flow. I am now trying to get in to the cash flow mindset and I am looking at different strategies. One strategy is buying a property for cash and simply doing a Deed for Title and owner financing the sell. This way I do not have to worry about maintenance as much and it becomes 100% cash flow. Also, really looking at raw land deals for this. I am in the Knoxville, TN area and was wondering if anyone around here has any experience with this? I would love to get some initial help understanding the laws and pitfalls of this strategy. Any assistance is always appreciated.