All Forum Posts by: Justin Woodworth

@Destinie Appling

I am looking forward to seeing your success!

@Peter Miller

Hey, that would be my off market deal 🤣

Hey guys and gals,

It has been a whirlwind over the last 6 months of my life. I bought and house hack a duplex, I am building a spec home and the cherry on top is I just sold a $600,000 building contract with another appointment today to finalize a $650,000 building contract. What does that mean for me? Well, I will have enough money when it is all said and done to do a 5% conventional into my next multi-family. Duplex? Maybe. Quad? Maybe. 16 unit? IDEALLY (even though that's a 20% down type of deal :D). I am the youngest person in my family to own any properties and I have guided multiple people in the direction of FI. It feels incredible. I hope you are all having as good of a week that I am! 

Justin

@Liam McGoldrick

Hey! Welcome to BP. I work and own in Madison WI. It is a great place to invest.

I got a HELOC 2 months after owning my property.

Shoot me a message and I would be happy to help you out!

Justin

@Jacky Tu

Well firstly would you be looking to owner occupy? Whats your current living situation?

The only way I made it work is through owner occupancy!

@Jacky Tu

I recently bought a duplex in Madison, owner occupy and cash flow $200 a month. The key is to rent rooms on your side of the duplex. Every deal works at a certain price, certain rent, a certain percent down.

Its not I can't make a good return, it is how do I manipulate certain factors to create a good return.

@Chris Elkendier

The better question is what are your goals?

@Edmund Post

Theres some great deals down there. Following this post.

Justin

@Brandon Salm

Welcome! I hope do well on your real estate journey!

@Brian Martin

Hey Brian! Good to have you here on BP! This is a fantastic place to ask questions and LEARN. Enjoy your Sunday!