How to Live Rent Free and Make Money with a 4 Plex. If you are just starting out as either a college student or a young married couple just starting out this concept works wonders.
It resolves around acquiring a 4 Plex or 4 unit complex. This will allow you to live rent free and put money in your pocket every month. Let’s take this scenario
4 Plex – $150,000
Monthly payment: $800
Monthly Rents $2400
Monthly expenses $500 + ($800) = $1300
Monthly profit $1100
This concept revolves around acquiring FHA financing. This type of financing is favorable for owner occupied home owners.
✔️Join the House Flipping Family Facebook group
http://houseflippingfamily.com
✔️ Wholesaling made easy
http://houseflippingguide.com/leads
✔️ Ready to Flip Your First House?
http://houseflippingguide.com/freeguide
✔️ Wanna EXPLODE your business?
http://houseflippingguide.com/free
✔️Agents: Traffic + Conversions = ?
http://houseflippingguide.com/Agent
✔️ Wanna build a Cash Buyers List?
http://houseflippingguide.com/Buyerslist
✔️Use Craigslist the right way!
http://houseflippingguide.com/Craigslist
✔️How to Attract Leads to You!
http://houseflippingguide.com/Seoprofit
How a Small Apartment made me $40,000
How a Small Apartment Building Made Me $40,000/Year
How to Live Rent and Mortgage Free
source