.    ----     Due to good size square footage, would rehab the home to a 3 bedroomRehab Cost: $30,000 (Assuming half of that money would be going towards the addition of a bedroom)ARV (Assuming it can become a 3 bedroom): $145k-$165kPotential Rent Amount: $1300-$1400/monthIf purchased with Cash: Total cash needed - $109,900      If flipped - Profit of roughly $35k-$55k minus closing cost      If rented - Cash flow of $600+ (7% Cash on Cash ROI) or could be BRRRRed for potentially an infinite %            returnI know these numbers are hypothetical right now and would have to evaluate the property in person, but for just a preliminary analysis, this property seems like it has a lot of potential in being a good investment. 

After you refi you will have none of money in the deal so you are getting infinite returns on your money.

I go to craigslist if I want to buy an expensive bicycle, maybe a coffee table or a book shelf, NOT A LENDER.Go to your local REIA and there should be plenty of hard money lenders.

DM and Iwill send you the book, info, "Forgot the author"s name" so need to look for it on my shelf, also when you turn 18 feel free to apply to the company I work with. ( as long as you are willing to move down here in Florida) ( We are closing on 900 deals a year, selling all over Florida and Georgia.

No matter where you live or where you own assets, I personally recommend the Series LLC to be a great tool for the individual investor who is planning to expand their operation, as it allows for you to scale infinitely for FREE.

No matter where you live or where you own assets, I personally recommend the Series LLC to be a great tool for the individual investor who is planning to expand their operation, as it allows for you to scale infinitely for FREE.

Your time as an investor is infinitely better spent analyzing markets and deals.

I want to buy the property depreciated at least slightly so i will have more equity for an infinite return after a future refinance.

If the property is up to bank financing standards I would try to purchase it with a low 3.5% fha loan (my opinion best for cash flow and infinite return strategy is a property that is up to standard of the lender but not newly renovated).

For example, there is a group I invest with that buys value-add apartments, fixes them up, increases occupancy and sets rents at market rate, then refinances the property and returns the invested capital to the investors and we all continue to hold the asset long-term, with no money left in the deal (AKA an "infinite return").