A complete renovation What was the outcome?

We saw immediate potential in this quick flip opportunity.

Would the 9-year balloon concern you, knowing you'd need to refinance or pay off the balance at potentially higher market rates in the future?

A complete renovation What was the outcome?

Detach yourself from the outcome.

You can unlock pre-foreclosures's potential and take your investment journey to new heights.

Do you think it's better to start sooner with a cheaper property to get in, or potentially wait longer to save more? 

., 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%?

Secondly, short-term rentals provide flexibility for owners, allowing them to potentially use the property themselves when not rented out.

You can also potentially bill back tenants for usage too.