If tenant below is paying 1,500/m he's living in area he wants for roughly 750/m P/I payment.

So trying to acquire five more properties without cash and have them cash flowing is going to be a huge hurdle.

Ok, CASH.

Can I get a loan for the down payment / construction costs2.

And for any who question how legit my info is on sec8 Payment Standards, here ya-go, the current 2024 rates in this area.

Take the payment in 2 or 3payments.

., Purchase Price: $475,000 ($197.9/sq. ft.).Estimated Market Value: $402,000 ($168/sq. ft.).Financing Terms: 2% interest rate, with a 9-year balloon.Unit B Income: $2,049/month (Section 8 tenant through November 2025).Unit A Income Potential: Similar rent or higher; Section 8 cap for the area is $3,234/month.Monthly Loan Payment (P+I): $1,386.Cash Flow Breakdown (if both units are rented at $2,049/month):Gross Rent: $4,098/month.Vacancy (10%): $410/month.Operating Expenses (37.3%): $1,376/month.Net Cash Flow: $943/month.Key QuestionsWould you be comfortable paying an 18% premium for financing at 2%, especially in a market where current mortgage rates are closer to 7%?

Purchase price: $72,000 Cash invested: $107,600 Case Study: Cockroaches to Cash FlowProperty AcquisitionI found this property through MLS.

They tend to cash flow really well ;) They cash flow well, but the rate of return is dramatically reduced.Assume a house costs $200,000 and rents for $1,500.

Hey BP Community,I am wanting to get into flipping and I have the construction experience but am lacking the cash or money to fund a deal.