On the other hand, with an appraisal near the purchase price, that should be enough in this case.

Here is the wholesale rate range at 85% loan to value.  300K purchase price using Jacksonville as the property's city. 

It seems that if you can find a good deal on the purchase price, are willing to do cosmetic updates (floors, painting, maybe a kitchen) you can get that 100-200/month cash flow.  

Hi all,I am a young newbie investor looking to make my first real estate purchase in 2025.

I may at somepoint consider utilities like energy and water, and how I can become more self sustaining, purchasing stocks is one way I can make my money back, or obtain ownership in what I am spending on in terms of utilities. 

Good luck with your search/purchase!

Purchase price: $395,000 Cash invested: $100,000 Sale price: $570,000 Such a fun project!

@Lambros Politis2.1MM purchase, 300k gross, 30% expenses seem extremely hard to find.

Strike up that your looking to do some purchases of ___ in ___ area but, struggling and need that leverage to make it happen, and who can you talk to about this right then and there today.     

Heck, I was nervous on one of my most recent purchases because it was my biggest ever - and I've done over 100 transactions.Your current house is probable a Class A property - which is the easiest to manage.