💰 How to Buy a Rental That Cashflows in Month One
💰 How to Buy a Rental That Cashflows in Month One By R. Chandler | MoneyCallShreveport.blogspot.com Tired of rental properties that barely break even? If your rental isn't making money from day one, you're just moving your cash from one place to another. Here’s how smart investors are buying rentals in Shreveport and Bossier City that actually cashflow immediately — and how you can too. 🔍 Step 1: Start With Cash-on-Cash ROI Most investors ask: “What’s the ARV?” But if you're in this for income, start by asking: “What will I earn back for every dollar I put in?” Properties under $150K Rents at or above 1% of purchase price Minimal rehab or cosmetic-only updates 💡 Step 2: Use Financing That Keeps You Liquid If you spend all your cash on closing, you’re handcuffed when it’s time to fix a leak or paint a wall. Better options: DSCR loans (debt-service coverage ratio): Let the rent qualify you Hard money with delayed financing : Refi after...