I also did a 1031 exchange from a different property that gave me a bunch of cash for one of these purchases. 

Hey everyone,I'm in the process of purchasing a multi-family apartment building and just discovered none of the current tenants have any kind of move-in inspection. 

. - Investment Duration: 30days (Investment + ROI in full)- Return on Investment: 45%- Purchased Price: $150,000- Rehab Cost: $30,500- ARV: $240,000- Minimum Investment: $30,500- Maximum Investment: $30,500- End Buyer Escrow Commitment: 20%Rehab Cost BreakdownRehab Cost Breakdown1.

Quote from @Horacio Renteria: I became an accidental land lord after a divorce in 2020 (bought ex out for equity) then purchased a second home as primary in 2020 for 2.85% interest and has increased in equity 115%.

I can leverage my WLI cash value to purchase it outside the banking system.  

.: My first investment property happens to be my first home purchase, so my questions are hopefully basic for anyone experienced here.

This is the difference between the loan amount and the purchase price. 

Quote from @Alex Ng: I’m about to purchase 10 units seller finance.

Purchase price: $45,000 Cash invested: $92,049 Sale price: $154,900 Contributors: Peter Vekselman Partner Driven and partners BJ & Traci Medlen purchased a property on S.

If you don't do a 1031 exchange, you’ll owe tax on the portion of depreciation claimed, even if the sale price is close to the original purchase price.