All Forum Posts by: Jared Baker

Hello everyone, 

I am seeking some advice on avdeal that I found, and also some information on using other peoples money for more turn-key type properties. 

Deal Details. 

Cash Price of $99,000, seller fiance of 10k down, 625/month payment for 30 years. 5 bed 2 bath. Duplex. Unit 1: $895 Unit 2: $1000. Gross rents per month is $1895 per month. Expenses of $1473 per month. I used the rental property calculator on here and it will cash flow net of $421. 

I was looking if anyone has strategies to use to use Other Peoples money for this down payment. Also I do have the money for this deal, just looking for information.

Hello everyone, 

I am seeking some advice on avdeal that I found, and also some information on using other peoples money for more turn-key type properties. 

Deal Details. 

Cash Price of $99,000, seller fiance of 10k down, 625/month payment for 30 years. 5 bed 2 bath. Duplex. Unit 1: $895 Unit 2: $1000. Gross rents per month is $1895 per month. Expenses of $1473 per month. I used the rental property calculator on here and it will cash flow net of $421. 

I was looking if anyone has strategies to use to use Other Peoples money for this down payment. Also I do have the money for this deal, just looking for information. 

Thank you for the quick responses! You both have given me some sound advice and more things to educate myself on.

Hello Everyone, I am a 27 year old that is looking to begin my RE investing journey and I have a lot of questions and worries. As of right now my biggest questions is once I have my first property but fiancing this property took a decent chunk of my change and say ideally the cash flow is good, how do I go about getting other properties without waiting years to save up the money again to start building my portfolio? Thank you!