Purchase price: $220,000 Cash invested: $30,000Currently house hacking.

Quote from @Roland VanLoan: Were you able to find a property that would cash flow? 

I offered $100k cash sale or a $150,000 bank sale.

Your best bet is to keep liquid cash and avoid PMI.

Just make sure to fully understand the loan terms, especially the interest rate and repayment schedule, so there are no surprises.2.Condition of the Property: If the property isn’t in really rough shape and you were able to get insurance on it using a 4-point inspection and wind mitigation, you might even qualify for traditional funding options like FHA, Conventinal, VA, a cash-out refinance or a home equity line of credit (HELOC).

November has been our only cash flowing month (barely), but we anticpate cash flow from Jan-April '25.

The loan will be used to payoff the 49% partner and allow me to take some cash out.

On top of that, the rent-to-price ratios in Detroit often outperform other markets, which can mean solid cash flow alongside appreciation potential as the city continues to grow.The key with Detroit is understanding the nuances of the market—it has a large footprint, and neighborhoods can vary drastically, even block by block.

Real estate requires cash, that's why it's called in-vesting.

Purchase price: $500,000 Cash invested: $100,000 AirBNB in West Sacramento