How to Buy Your First Rental Property (With No Money)

Описание: In this video we give an update of our current house flip and some of our color/design choices.

We then discuss how to buy your first rental property with little to no money. The 2 methods we highlight are 1. Home equity line of credit (HELOC) and 2. House hacking

Let us know in the comments if you have used either of these methods to get started in real estate investing. How did it go for you?

Here are the numbers and profit we are hoping to achieve on this flip:

Purchase Price: $144,000
Renovation Budget: $15,000
Total: $159,000

After Repair Value(ARV): $215,000
Potential Profit(After Closing Costs): $35,000

LETS SEE IF WE CAN DO IT!

First walkthrough:    • WE BOUGHT A GROW HOUSE! - Flip Property Fi...  
Demo day:    • DEMO DAY -  DIY House Flip  

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