They tend to cost more to construct then they add in value, they are generally more valuable for a property you are holding as a way to generate more income.

The additional cash you have due to leverage put into more hard assets and the cash flow generated put into fixed income/equities after reserves.

These are top drive-to destinations for much of the Southeast, so short-term rentals here can generate solid cash flow, especially during peak seasons.The area is also seeing steady growth, with more infrastructure and amenities being added to support visitors and new residents.

Equity Created: $550,000 ARV - $409,000 loan balance = $141,000 in equity.Cash Flow: The property rents for $2,950/month, covering all expenses and generating slight positive cash flow.HELOC Potential: Post-refi, I can secure a HELOC up to $86,000 (90% LTV) to fund future investments.

This either sounds like a seller looking to "retire" and liquidate his holdings or a Section 8 owner that hasn't kept the property (or rents) up to market levels.So, based on the numbers you're using, what return (IRR, Equity Multiple, or ConC) are you estimating you'll generate over your expected holding period?

Since then it’s generated top dollar and I’ve maybe had to put a total of $500 into it.

Hello, I am new to real estate and looking to get into it and out of renting and starting to work on building that generational wealth.

Investment Info:

Mobile home note investment investment.

Purchase price: $64,250

Cash invested: $12,000

Sale price: $175,000

We purchased this mortgage note and ended up foreclosing on the proper...

So my plan is to house hack for few months and then move out so that it can generate some cash flow..

Generating equity is often second to that.