Why should YOU invest in real estate.....and how to get started!
-Real estate is a relatively low-risk investment and NOW is a great time to look into it!
Except for flood, earthquake or fire......real estate traditionally has always been cyclical and has the potential to double in value
-Properties as low as $50,000 available TODAY - start with only $10k plus closing costs
-25-70% Cash on Cash return
Say you put $10k down, 2k in improvements, 2k in closing costs, your initial outlay is 14k. Over the course of the
first year, your rental income is 10k - That's 71% cash on cash return!!!
-Tax Benefit
After talking to your CPA, you find out that most repairs, utilities, HOA fees, etc. are deductible from your rental income.
-Instant Cash Flow
Same scenario - 50k condo with 10k down - payments are around $250/mo, HOA dues are $250/mo + insurance $50/mo
Outlay per month = $550 / Rental income per month = $900 CASH FLOW is $350 per month!
The first step to get started is - talk to a qualified mortgage lender. One that is familiar with rental property investments if at all possible. See what you qualify for and find a qualified REALTOR familiar with property available in high rent areas to help you find the perfect rental house that will provide instant cash flow and begin your financial freedom today!
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