Purchase price: $160,000 Cash invested: $35,000 Another 1% single family deal in a transitional area creating long term wealth

Depending on her contract she may have to wait out the term.Is she currently covering utilities?

It enabled me to draw on the financial resources of others while utilizing my own knowledge and experience.So, armed with the power of syndication and a growth mindset, I'm steadily growing my business toward the incredible goal of 100,000 units.

I would project, 6 months, so if there are holding costs $2,270 a month (not including utilities), with utilities in about $2750.00. $2750x6 months= $16,500..

Tenant pays all utils except water.  

Our cost basis has been accumulating with our purchase price and then the 2 years of major repairs during 2022-2023 as well as taxes, utilities and insurance from '22-'23.  

For out-of-state investors, I suggest considering a C-class turnkey single-family home.

I look forward to fostering a growth in knowledge, understanding, and connection by utilizing the tools and resources provided through bigger pockets.Thank you for your time,Brian Luter

You can utilize 3.5% or 5% down for up to four units.

I plan to utilize the BRRRR method in and around the Augusta area through a SFH or duplex.