How To Buy Multiple Investment Properties



http://reinvestortv.com/how-to-buy-multiple-investment-properties If it's a good idea to buy one investment property, then it's an even better idea to buy multiple investment properties. The trick is to use the right strategy so you can qualify for multiple homes. If you learned something in this video, and you'd like to learn more about investing in Real Estate, you can have a copy of Kris Krohn's book on CD for free: "The Strait Path to Real Estate Wealth" by Kris Krohn http://REInvestorTV.com/audiobook ====================================================== Join the Fun Facebook: Real Estate Investor TV Twitter: @REInvestorTV LinkedIn: Kris Krohn ============================================================================== Kris Krohn is a real estate investor and the founder of Real Estate Investor TV. Visit this website to learn more about Kris http://reinvestortv.com/ Kris Krohn also established an instructional guide for investors, The Strait Path System, and is the author of The Strait Path to Real Estate Wealth. Unlock your wealth potential! Take yourself to the next level! Join Kris on his 3 day wealth intensive program http://bit.ly/2b2vr8f Kris lives in Orem, Utah, with his wife Kalenn and their four children. ====================================================== Film by Nate Woodbury http://GoWallaby.com

Comments

  1. How much money should I save up? I'm 18 and most likely gonna try learning a trade.
  2. Kris how do I get my real estate license so when I'm ready to buy real estate I'm good to go
  3. Watch Daniel talking about his buying first investment property :)
    https://www.facebook.com/pifinance/posts/1231983380227010
  4. i would like to buy a house for Investment but houses in New Zealand are well over 400k
  5. I like how your genuine and not trying to sell me something
  6. Do you have anyone that can help me out in Arkansas, currently trying to find my first rental property, I have about 11k saved up but needing someone to guide me
  7. i'm 20 years old and i'm trying to figure it out the best way to allocate my money, i'm thinking about to purchase a down payment for an apartment and pay the rest of the mortgage by renting it to other people, or i'm just gonna put it in stocks, peer to peer lending and deposit, what you guys think work best ? i don't wanna be broke once i graduated from university
  8. Hello everyone, first, thank you ahead of time for reading this. I am a new REI and have decided to start my new career in long term holding rental properties instead of flipping, in pursuit of the financial freedom aspect of it. I have one very important question that has been on my mind and would like to get cleared up before I jump in with both feet. I have decided to sell my current company and go full time into REI, but in order to do so, I would need to at least make a minimum of 50k-100k a year.

    ​My main question is this... say for example I am looking to invest in du or triplexes and I found one that I would like to start with that is around 100k and will need 20% down(20k). After running analysis I find out that the cash on cash flow will be around $300 a month. This means that essentially I would need to have 14 properties in order to make enough cash flow to support my lifestyle and pay my bills. I understand that, but what I am having trouble with is the amount of cash needed for the down payment each time you purchase a new property. If I did need 14 then it would mean I would need around 280k in cash. Going with this formula it seems that it would take years before the properties where generating enough cash flow to save and buy another. That is why I am starting to wonder if after the first property am I able to use the equity as the down payment? Also, is it better to just buy larger properties with higher rent instead of multiple properties with lower rent? Before I jump in with both feet I really would like to get a strong understanding of this. Any advice is greatly appreciated.

    ​P.S. I am also in the process of joining a local REIC, but I wanted to try and get the answer before then if I could. Thanks again.
  9. FYI: The banks will not count your debt-to-income lower simply by showing proof of a lease on a rental property. They need to see your W-2s to see if you took any loses. That will definitely bring your buying potential to a screeching halt.. Been there, done that.
  10. but why are you not in a ferrari?
  11. Hi Kris, I know you mentioned in your videos how you tend to stick with short term 5-7 year deals but could holding on to a house longer than that still be beneficial?
  12. Easy to say, If you buy so many properties in one stop...There are a closing cost on each one....point on each loan... How do you handle with this kind of agenda. At least, it has to be close to each other in order to make a conglomerate...tear down and build a bigger residential property with units/condos.... Please, respond on my question. Thanks
  13. Chris, I spoke with you briefly on a different video. How you suggest getting started with investment properties when someone is stuck in alot of consumer debt? I'm beginning to work as a Birddog on the side for someone trustworthy I know, but not sure how to make the move from that to actually investing. Btw, I'm also currently taking the state course for RE.
  14. what is your email address?
  15. ok where are you located.
  16. Hey Chris -

    I have 10 FNMA-backed loans. I would like to continue buying investment properties but can't get any more FNMA financing per their guidelines.

    What have you done?

    I've talked to commercial lenders, but their loan terms are unreasonable (and by that I mean the rentals I buy will no longer cash flow).

    Any tips?

    Thanks,

    Phil
  17. please make a video on how to buy a multifamily home
  18. Chris, when partnering with someone who wants to go in 50/50 on the downpayment, do i also give them 50% of all net profits? .. or in general do you ask for a bigger share if you found the place and do the initial legwork? great channel btw, thanks!
  19. Hey Kris , how about some partners in Europe ? lets skype our some time : marcusmommsen
  20. I'm really struggling to understand all of this... If you buy three house don't you still have to pay the mortgage? Or are you saying to rent all of them out. Please help lol


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