We also just purchased a house in Oliver, WI that we plan to run as a short-term rental.

It's really important that you work with an experienced loan officer or broker, especially on a time sensitive purchase transaction.

What was the purchase price of your property?

I understand the concept insofar as if I'd purchased the property, the basis would be what I'd paid it.

Purchase price: $55,000 Cash invested: $25,000 Sale price: $119,000 Bought at around $50kFixed up at around $20kSold at $120k What made you interested in investing in this type of deal?

Purchase price: $690,000 Cash invested: $172,500 Took a gamble on a larger single family home in an up and coming master planned community.

Purchase price: $85,000 Cash invested: $33,000 Cash flow is after all expenses including vacancy, maintenance, and capx deductions.

Investing in single-family residence fix-and-flip projects in New York involves purchasing distressed or undervalued single-family homes, renovating them, and selling them at a profit.

When Trying to qualify for a traditional loan, lenders usually price your purchasing power at 3x your net income.

Towson things will be nicer but the purchase price will increase.