All Forum Posts by: Hunter Sandoval

I have 3 rental properties in Missouri that were all purchased in 2020. All three together my monthly cash flow is around $800-1000. Every time I get a couple grand built up I end up paying some big expense on one of the properties so it does not feel like I am getting ahead to be able to buy another property. With it only being a year since purchasing all properties I don’t have much more equity in properties to hack into so I’m feeling stuck. Any ideas or do I just be patient and let the course run?

Wondering if anyone can help me with listing pros and cons for a 203k loan on a property. It’s a foreclosure listed for 130k needs quite a bit of work. Possible 30-40k. Similar homes on the same street in good condition are going for 200-230k wondering if it would be a good investment to do the 203k loan and live in it for a year and then sell. What kind of hoops do I have to jump through for a 203k loan??...