Purchase price: $340,000 Cash invested: $110,000 This is my first rental property.

The properties do not have to cash flow a significant amount (although I wouldn’t hate that) they just have to sustain themselves as we have three incomes between us and not looking to quit our W2’s to live off cash flow.

It’s harder to BRRRR in the Tulsa area now due interest rates, you definitely have to buy at a great discount in order to be all in low enough toget all of your money out and the rents have to be high enough to still cash flow after all expenses (PITI, Mgmt, Vac’s, Rep/Maint, CapEx, HOAs, Util).Based on being “all in” $120K in order to BRRRR and still cash flow at least $300 mo:$120K cash out amount - at 7%/30 yr ($150K+ ARV)PI = $800 mo + Taxes $150 + Ins $150 = $1100mo PITIRENT would have to be at least $2000 mo- $1100 PITI- $200 mgmt (even if self mng, it’s exp for time)- $200 vacancies- $200 Rep/Maint & CapEx= $300 mo cash flow.

Make no mistake, shifting a "big war chest" from liquid investments and cash into a cash flowing real estate portfolio is not a passive endeavor.

Sellers Get More MoneyWith wholesaling, sellers often need to take a low cash offer.

It would be hard to cash flow anything there. 

@Nate WilliamsWith one income, two kids, and limited cash flow, minimizing risk is key.

Use the funds to buy 1 -2 LTR rentals cash or use a loan and get 3 - 5 LTR's.

I ran the numbers two ways: selling vs cash out refi back up to a 75% LTV.

Monthly cash flow is positive.