On the other hand, with an appraisal near the purchase price, that should be enough in this case.

My wife and I plan to purchase a few properties ourselves, but with the lead generation strategies I’ll be implementing, I expect to come across more deals than we can personally handle.That’s where you come in!

Purchase price: $450,000 We bought this park for $450k.

Hi David,There are lenders that will allow you to purchase via a DSCR loan using STR income to qualify.

I seriously looked into purchasing a few years back in Valencia but decided ultimately the US had more potential.

Purchase price: $125,000 Cash invested: $120,000 First try at turning a single family home into a duplex while going through the permit process for the first time.

Purchase price: $88,000 Cash invested: $25,000 Sale price: $179,900 I got this deal from an agent who was initially going to list it publicly but thought of me first.

Buy: $284,900Rehab: $115,000Holding: $16,500 Points: $3,413 Selling fee: $30,000Insurance hold: $2,000-$2,500 (maybe get back $1,000-$1500 if you close quick)Other title/escrow purchase: $2,500ARV: $500,000Profit: $46,587 (9.25% approx) I would do the deal, especially if you get that gap for rehab closed 3-4 months and tighten up the rehab costs too ($100,000)   

I'm 53, married with 2 kids less than 17 years old with debt only from purchases on credit cards and my home.

I also purchased these while residing in CA!