PMI helped motivate me to work with investors and to start the process of looking to purchase properties at the courthouse foreclosure sales. So far, with partnerships to help with financing, we have purchased 8 houses as rentals and sold one for a nice profit. The rental houses each have a $700 to $1,000 positive cash flow after paying PITI. This totals about $6,400 a month, which is $76,800 a year in positive cash flow!
PMI helped me discover the different ways to find properties and then to finance them, I then learned how to find partnerships to help with financing.
I recommend watching the online lessons; the pre-foreclosure program specifically helped me.
Chris B.
|