Now if you could put down half of that and get the same cash flow, that would be a different story.

You have incidental expenses of an extra 3-4k on the rehab maybe.

Quote from @Devin James: Quote from @Jay Hinrichs: for us we do very little marketing we rely on MLS what we do to compete is spend an extra 10k or so per house with upgrades other builders simply wont do..

We budgeted $100k and that’s our goal but have extra just in case something pops up so this $120k is a high number.

Quote from @Zachary Ware: A PadSplit can be very heavy in CF but be careful if you are renovating a house and adding extra rooms.

Half assed truths exists forever on the internet. 

I'm not sure if you're in the flatter northern half of the State or the hilly south half and/or if a berm could be built in the backyard or who, if anyone, has a yard that joins yours.The challenge of course, if finding the right person.

 But he said that he wants to replace his half a million dollar career with passive income.

Just a year and a half ago, I wholesaled the house directly across the street from this property, making this deal even more meaningful.

Because interest rates are high right now it probably doesn’t make sense to pull extra cash just to stick it in a bank account.