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Updated over 5 years ago,

User Stats

13
Posts
2
Votes
Azzeaz Saleh
  • Dearborn, MI
2
Votes |
13
Posts

Cashflow Question whats a minimum to aquire

Azzeaz Saleh
  • Dearborn, MI
Posted

I was doing calculation on a property I bought to flip. The rehab part came a lot over budget but I was able to get away with keeping it at around 75%. I have a choice to do BRRRR or Flip. If I go the BRRRR Route my Cashflow will be around $63/month. Its low but I will have pretty close to zero dollars. I will however need to maintain 6 month reserve of PITI in the amount of $4312. So not sure what direction to take this. Am I missing something?

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