. $200/month net cash flow today is an 8% CoC return in the scenario you described.

Here in College Station, Texas, multifamily properties are in limited supply, keeping prices high and leading to multiple offer scenarios for good deals.

Also, there are no coverages for the most common homeowners' losses like water backup-- it's just standard coverages.3.Youshould get insurance as soon as possible -- there should be insurance on thecondo at all times.

If he is only having hard money for a few months the delta between 7 and 10-12% is not that much.There are many other reasons, but those two I see are the most common

This question is very common and sounds very straightforward: as an investor, can I deduct my real estate education?

@Wayne Lee When rates were super low 2 years ago, and prices hadn't totally spiked, many investors got lazy because almost they could buy anything on the MLS at asking price and cashflow as a rental.As prices went up, many investors started investing in STRs to get properties at asking price to cashflow.Now, many are chasing Class C properties to get them to cashflow at asking price.What consistencies do you see in all three of those scenarios?

It allows you to learn from the mistakes of others so you can shortcut the process and avoid common mistakes investors make.

While seller financing is less common with flips, there is no real reason it can't be used, as long as it satisfy your needs and the sellers.  

The negative $500~ I mentioned is just a "best case" scenario on what I'd lose if I had to potentially move out down the line.

It's pretty common to obtain 100% financing for both the purchase and rehab funds after you've been doing this for a while.Borrowing, of course, is a two-edged sword because your interest payments, especially for a hard money loan, can eat 1/4 to 1/3 of your profit.