All Forum Posts by: Ron Buffano

Thank you everyone for the advice. I appreciate it.

@Curt Smith

Email sent. Thank you

Hi,

I’ve never completed a Subject-to, but I would like to. What is the process once the property owner and I have agreed on the terms? What paperwork is required?

@Elliott Elkhoury Yes, the taxes and insurance are wrapped into the mortgage amount. The tenants pay the utilities.

@Brian Garrett your correct on that.

Thank you for all the advice. It was very helpful.

@Elliott Elkhoury the mortgage on the duplex would have been around $900 and the total rent would be $1700, so a profit of $800.

@Lee Ripma the loans is for single family and duplex.

@Lee Ripma

Thank you for the help and I appreciate it. I do like your strategy. My loan officer tells me I can qualify for 6 loans max. How do people get over 100 units using this strategy if they can only finance a max number of loans?

Hi,

I want to invest in RE for passive income, and I have $100k to invest in. What would be the best strategy?

I found a turnkey duplex for $165k which will give me passives income $600 per month after all expense, but my loan officer said I have to put 25% down. Is this a smart strategy to maximize my $100k?

Is it better to use the BRRRR strategy and make $200-300 a month in passive income to maximize my $100k?

Thank you