it all depends on the math.I have an excellent Oahu investor realtor referral if you need help sorting it out.

Here's the deal:Purchase Price (PP): $95kRenovation Budget (via HML): $60kTotal All-In Cost: $155kARV (After Repair Value): Around $200kRefinance (via DSCR Loan): 7% interest, 30-year fixedRefinance Details: After the refi, I will pay back the Hard Money Loan (HML) at 11.95% with 3 points:HML: $60,000Interest/fees: $3,585Other costs: $1,800Total to pay back HML: $65,385After the refi, I will have $84,615 left in cash.Cash Flow & Expenses:Expected Rent Income: $1,700/monthProperty Management (PM): $126/monthInsurance: $100/monthTaxes: $126/monthMortgage: $1,043.75/monthTotal Expenses: $1,395.75/monthSo my monthly cash flow is about:$1,700 - $1,395.75 = $304.25/month in cash flow.Return on Investment:Cash Invested After Refi: About $18,385 (after paying off HML and closing costs).Annual Cash Flow: $304.25 * 12 = $3,651Cash-on-Cash Return (CoC): $3,651 / $18,385 = 19.8%I didn’t account for maintenance costs since it’s a full gut rehab, and everything is brand new.

Syndications are a very hands off (after all the work of vetting the GP and deal are done) of investing.

I've had a BiggerPockets account for a little while but wasn't active at all in the past.

I recommend Stessa to all my retail clients.  

I put them all in a chat interface, and calculate using AI so one doesn't need to juggle between different platforms.

Not all agents are created equal!

(This is what Investing is all about.) 3.

As always if you have any questions, I would love to connect and talk about all things data and real estate.

They should have all the resources you will need to be successful in any area you're looking at.