That might be a stretch as it may barely cover the down payment.

Can you cash-flow, or is a game of barely breaking even?

We are 99.9% there- baring any wild occurrences.  

Well I'm barely going to start learning about real estate, anything for a beginner, basic things?

Just want to say hi, not to good with introductions in a forum matter so please bare with me.I'm a contractor looking to get into real estate.

The property has been on the market for more than a month, but with barely any showing, I know the price is the main factor in people not coming to take a look but I am trying to figure out what's the right price for the proprty and if there is something in the ad that I am missing.

The reason I ask is that I have a property that is a good candidate for a cash out refi strategy but would barely make the 1% rule after the refi and have heard that's on the edge of cash flowing pennies, breaking even, or cash flowing negatively.

I've barely got a toe in the bucket but being midtransaction on our third property, my compulsive obsession with number crunching has me wondering how much is enough to do this full time?

If you go to him and just give him bare-boned facts,they may not truly dive into you and your concept, and then your going to get a bare-boned agreement.

I'd say you want to do it bare minimum 3 months before putting in any application for financing, and the longer the better.