Combining these with creative strategies (house hacking, live-in flip) will only compound your growth!

@Gaspare Urso sorry this is accounting for 10% combined for all of those.

This is probably a scenario best addressed with some combination of your credit cards, HELOC, private money from folks you've networked with, other stuff like that.

Combine that with the fact that many of them have landlord covered utilities and almost always lawncare/snow removal makes it very hard to justify the purchase.I would love to get into multi family, but if the numbers don't work then I just can't do it.

Combining the 50% rule for all expenses and the "2% rule", you get a 12% cap rate.

Oh, and don't forget the roof, which will likely be more than those three things combined...

That assumes during your Bachelor's you took some combination of stats, accounting or finance.

TD stands for "Trust Deed" or "Deed of Trust," which is basically the mortgage on a piece of property (mortgage is an old term; TD is the modern-day equivalent).First TD (which is what is implied here) means that if the borrower defaults, they are first in line for the collateral (i.e., they get the house before anyone else who might have lent money).10-12% is likely the interest rate they are paying to borrow the money.Points is a percentage of the amount borrowed paid up front by the borrower.Possible equity share means that the lender may get a portion of the profits, in addition to the interest on the loan and the points paid upfront.So, basically what this is saying (assuming the person speaking is the borrower) is:"We borrowed money at a 10-12% interest rate and the lender is first in line to get the house if we default.

As you can imagine, combining the discounted gift card idea with 10% coupons leads to HUGE savings.Another idea that I have implemented is to buy a Macy's $500 gift card for say, $350-$380, then go back to Macy's and trade it in for ten (10) $50 gift cards (or 20 $25 gift cards).

I mentioned farmland, prime farmland with a good water source, land that was not denuded by modern chemical farming, land that was near population centers (who are you going to sell to?)