Step 1

What type of investor are you going to be:

  1. Fix and flip
  2. Long term rental

 

Where to buy?

What kind of house to buy?

 

Where can the money come from?

 

 

Thinking about getting a personal loan and paying cash, then doing the refinancing.

  • Delayed refinancing – 12 months
  • Put in his account for 4 month.

 

 

Has $200k – should he pay cash for

A: put less down and buy more properties. See the Wealth Acculumaltor.

Appreication doesn’t care about leverage.

 

 

Can use the rental income to qualify.

 

Go slow and steady. I’d rather buy three home over 1.5 years than 3 for

 

 

LLC Management Company and get big umbreallas policy

LLC Manages the property.

 

 

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