In a perfect world that’s how I would start since it would be a lot easier than buying a home but I’m sure there’s some things I’m overseeing.

Since you know what you need to buy it at and an average rehab cost, I would say $50-70k for a cosmetic flip, set the ARV based on the sample you choose and doing comps and ask them if they would invest in a deal similar to this. 

Bottom line is buy as big as you can reasonably buy once you are out of small multifamily. 

(August 2022)Single-family residence buy & hold investment.Current Value Estimate: $410,000 Purchase price: $345,000 Cash invested: $5,000

How do you buy anything or stay somewhere?

Hi, We're looking to invest in properties in Detroit preferably with the BRRRR strategy. We would love to work together with a organization that sells the property and has services like rehab network, financing, prope...

Thing is, I will need to go DSCR loans from here on out or just stop buying new real estate altogether.

What’s your biggest question about buying real estate in Germany?

BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.

The best thing you can do is buy.