Plus it allows you clean break points if things don't work out....

Homes near by have an ARV of around 80k, and all the numbers work out as long as rehab costs are around the 20k range.

By making small changes to your daily routine, you will see positive impacts on your overall productivity.

It could work out or it could not.

I have been approved for 1.2m by lender in last two months for some small mIti package that didnt work out, but If I want to go as big as possIble and I dont have the whole 675k ready like now, seems like they don’t want to send me over a $2m deal if the cash isn’t ready.

I signed up for Bigger Pockets Pro and calculated my numbers to see if they work out for me going forward or are they just bad deals.I am going to start looking at properties to buy this weekend and was wondering if anyone would like to take a look at a few reports I’ve done.  

Over time I know the good location will work out better.As a final thought, what is wrong with single family properties?

I routinely use $6,000 initially for Holding Costs estimates for my analysis.Gary, be sure you understand what is considered CapEx and what is OpEx (Repair/Maintenance) in your Rehab.  

@Patrick Soukup Do you work out of your house as a property manager or do you have an office?

In the meantime, we are also working on fixing it up to sell (~2 year time horizon to sell).It may work out better for you to just purchase a multi-family unit to live in and rent out the other units.