3min chapter

Patryk Real Estate Show - Short Term Rentals cover image

3: Tax Secrets To Grow Wealth For Short Term Rental Investors

Patryk Real Estate Show - Short Term Rentals

CHAPTER

How to Invest in Your First Property

If I could go back in time, I actually would run that back a little bit differently. Instead of doing an FHA loan, which is just a bare minimum, you can have a very shitty credit score and still get an FHA, 3.5% down. So then when I went to refinance, I didn't have to pay closing costs, the refinance costs. And those have worked well so far, but what I've realized is that even though you can get a really good cash on cash return at $250, $300, $350,000 price point, your cash flow isn't as high for the amount of work that you're putting in because it's

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