. $500,000 x 20% capital gain tax is $100,000 that you owe.1) put remaining $400,000 net profit into a mortgage note of 12% which gives you cash flow of $48,000 a year.2) Take your $500,000 and roll it over to a DST earning 5%. 

-Ben, aspiring multifamily househackerWhy are you wasting time with time with someone with no motivation to sell?  

With interest rates elevated yet property values remaining resilient, finding cash flow with a reasonable down payment is an incredible challenge.

By keeping operational expenses around 35%, I aim to ensure that the property remains profitable even after accounting for maintenance, CapEx, property taxes, and vacancies.2.

Quote from @Samuel Eddinger: @James McGovern - my wife was in attendance and she and I own 20+ properties Curious of the motivation/rationale for your wife to attend the meeting?

So if your mortgage payment will be $4,000/mo, then yes you would need $24K in remaining verified assets (after closing funds, if any) to satisfy the reserve requirement.

With 1,174 closed sales in July 2024—a slight 0.86% increase from last year—this market remains a solid choice for both families and investors.

Based on the responses to buying a house, mommy daddy down payment $$$, and lack of motivation I wouldn't work with them to buy a house.

Hey guys,I've been working on a flip for a while and we're almost done with the project with only final items remaining.

You won't really find "deals" on the MLS unless you find a motivated owner that has deliberately priced their property to sell fast.Otherwise, you look at properties on the market for 90+ days and make offers at an amount that makes your ROI work:)Yes, you may have to write 10, 20 or more offers, but write enough and someone will eventually say yes.