If you don’t know how, ask a local friendly HML to share theirs.You will see that for an ARV greater than $250k, the break-even point is a purchase price plus rehab cost of approximately 86% of the ARV.

You can grow your wealth with appreciation by getting in early and you can cash flow early or at least break even year 1. 

Chris, thank you so much for breaking everything down with all that detail.

Hi there,Congratulations on starting your real estate investing journey and completing the rehab on your Detroit property It sounds like you've done a lot of work and are now at a critical decision point.First, let's break down your situation:- You've already done major rehab and have a tenant in place.- You analyzed the hold option and know it can cash flow.- The property is not getting much traction as a turnkey, and your hard money loan is maturing soon.Here are some key things to consider:**Refinancing with a DSCR Loan:**- DSCR (Debt Service Coverage Ratio) loans are great for investors because they focus on the property's cash flow rather than your personal income.- Make sure the property appraises for the calculated ARV (After Repair Value) to get the best loan terms.- Consider the loan terms, interest rates, and any prepayment penalties.

So they did , and threw all the old windows in the dump trailer , breaking the glass as they went . 

It certainly breaks down the barriers to entry so that you can spread coins across a wide array of assets and markets. 

If a solar system cost you $20,000 to install, it would take 148 months (12 years) for you to break even ($20,000 / $135).

Give me a break.

They were identical stating that I am breaking Airbnb policy going off platform.

Maybe give yourself a break on one facet of the experience and use an experienced agent.