All Forum Posts by: Michael Morin

another option is a duplex. Just one tenant near you. usually more space than a 4plex and get cash flow right away even if in the form of reduced or no mortgage because the other side pays it basically. 

good luck in either you choose. 

way too easy. I haven't made the most financially sound decisions as of yet however I'm working on changing that. I will never be one who lives with nothing and saves eveything however I do live a comfortable life and now will be acquiring buy and holds to help make it easier especially closer to retirement age. 

ok. I have seen that. Thank you for clarifying. 

I am actually very curious what you mean by full duplex and half duplex. I've ever only known a duplex. Basically 2 homes attached. 

I will be looking to buy my first soon. So I'm not the wealth of knowledge. However im going the house hacking route. Selling my bigger SFH and buying a duplex as owner occupant which will let me go 3.5%. Live in it a year and repeat.

I'm your situation I've read of creative financing. Such as partial seller financed. Most true income properties require 20% or more down. Wish I could be of more help. 

welcome. I'm new also in Cape Coral. Should he making my first buy and hold shortly. This is a great site with tons of info. 

reserve find would be a cash stash for repairs and maintenance. Basically any howeowner wether an investor or not should have it. In this case it would also cover vacancies. 

this is a great thread. 

very interested in the replies to this.