Hello BiggerPockets Community!I am about to buy my first property in Ohio and I would like to gain as much information as I can in regards to the different legal issues of which I can face in Ohio. In regards to tenan...

Hello all,
Has anyone sold a short term rental owned over a year  as a non real estate professional that qualified as short term capital gains tax deductions with expenses and depreciation? Did the proceeds from the ...

Are you generally seeing cash flow positive deals from day 1?

@Yooni ChoiFor a first property, $100/month in cash flow might not be ideal, but it’s acceptable, especially with a house hack.

Ability to repay - can you as the borrower afford the payments based on the loan amount.Typically they will not take into consideration the mortgage on a new property that has not been taken out as that is new.

Other considerations are the lost costs to sell and re-purchase other properties.

What's the projected cash flow? 

Here’s how I’d break it down and strategize your entry point.Key considerations include the current and pro forma cash flow.

I would, If in this position, take the equity in the form of a HELOC and purchase a cash flowing asset that would not only pay for itself but pay for the cost of the money while putting cash into my bank account each month. 

Now I know what you all are thinking -- that place is not going to cash flow!