The larger the purchase price the greater the spread you need between purchase price plus holding costs plus rehab cost and ARV.  40k projected profit on a 600k project is too skinny for me. 

Quote from @Landon Sheveland: Hello,My wife and I, are attempting to purchase our first property.

I have owned it for a very long time and had depreciated most of the original purchase price. 

Purchase price: $265,000 Cash invested: $200,000 1930’s historic home with a converted garage.

The second is a rehab property that I purchased for myself, I purchased it out right for 100k.

Quote from @Adedotun Kembi: Quote from @Jeff Roth: Hi Holly from Georgia-You own a rental in Colorado and you are looking to purchase a new primary residence and possibly use the equity in the rental for the downpayment.You have two options I am aware of with the rental to access the equity:1.

@Wade Wisner -  Most of the notes that we purchase we keep in our portfolio and borrow against them with private capital.

Purchasing real estate is capital intensive.

This is a quick calculation that we can do to see how much house you can purchase at 100% financing if desired.

Many Realtors will suggest purchasing a property using a FHA Loan, to reduce your out of pocket money.