Hey Ken, yes, total net profit is $25,000.Closing costs, holding costs, closing costs .  

Holding LTR in san diego on a new purchase is challenging not to be large negative at high LTV.  

I started out buying and holding mobile homes for cash flow when I first started out.

I just can't imagine why you would liquidate your successful, growing real estate holdings to send your money off to something that is super risky and doesn't pay that well over the long term.

Make sure to maintain a cash reserve (3-6 months of expenses) to handle unexpected repairs or vacancies.It’s smart to consider the “what-ifs,” but don’t let them hold you back.

Our Private investors will fund the remaining 10% of the purchase price, the first portion of the rehab (to be drawn later from the HML), and the holding costs. 

Your holding people accountable is paying off.  

The question is do I keep  holding onto these properties for appreciation, especially the Class C?

Investment Info:Single-family residence buy & hold investment.

We have an LLC that holds real estate but have run into issues refinancing through the LLC when family is renting or ultimately living in the property so I’m also not sure if this should go through the LLC or be a personal purchase?