Something extra every investor will love cash flow…but at what cost? Does it make sense to go all out? big down payment So more money will flow in every month? If you want to keep debt to a minimum, have no plans to expand, and are confident your new property will appreciate, Maybe. But if your goal is Buy more rental properties and Build your investment portfolio ASAP, there’s a better way Leverage your cash position. at this see greenwe help a new investors When navigating this exact scenario Buying his first property!
Next we hear from someone Margin Deposit (EMD) falling into failure medium term rent. Should she cut her losses and abandon transaction Or ride it out until the property is cash-flowing? Stay and see! Finally, we interviewed an investor exceeded his recovery budget. and found himself knee deep in high interest credit card debt. David and Rob walked him through the steps so he could Consolidate his bad debts and transform difficult situations into More for rent!
Get great incentives on turnkey rentals from show sponsor Rent to Retirement today. Visit RentToRetirement.com or text “REI” to 33777!
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https://www.youtube.com/watch?v=FgdxLFaYG9U
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In this episode we cover:
- whether you should once forced cash flow with a Larger down payment
- the best First rental property Purchase (and how much you need)
- Saving money for a property relatively Buy multiple rentals
- creative approach Get rid of bad deals (And when to get over it!)
- how back to green more than yours Rehabilitation budget
- and so Much more!
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Notes on BiggerPockets: These are the opinions written by the author and do not necessarily represent the views of BiggerPockets.
