The property is valued at $440k.

The other thing to consider is that a bank might do 80% loan to value but also require a Debt Service Coverage Ratio of 1.2. 

I was looking into acquiring rent ready properties at 70% at its market value.

How did you add value to the deal?

Places like San Antonio might present more favorable cap rates, from what I read in Forbes recently.Refinancing could free up equity if today’s loan terms are more attrative, though that depends on current interest rates and the property’s updated value.

After assessing the property's value and market conditions, we confidently made a competitive cash offer of $180,000.

The house has been featured in magazines and garden tours and is valued around $1.8M.

At property value of $800k (my budget), the transfer tax will be $8400 alone.

Private money & subto How did you add value to the deal?

The historic southside in fort worth is such a beautiful neighborhood, it truly has some real value if the city could solve some of the social issues, it has a lot of potential for both residential and commercial investments.