I work with many investors from Bigger Pockets in the Atlanta market and have access to both on and off market properties.

 So when I get on Bigger Pockets, I use my iPhone.

I usually only have about 2k for closing costs out of pocket.

Assuming a 340k purchase price that would be 34,750 out of pocket.   

This means you will be coming out of pocket more.

Quote from @Kyle Carter: Hello Bigger Pockets Community!

Additionally, they should have access to on-market, off-market, and pocket listing investment deals just for you!

.🔹 Ideal in Any Market – Whether home prices are rising or falling, lease options allow you to lock in today’s price while benefiting from future appreciation.Other creative strategies—like seller financing, subject-to deals, and the BRRRR method—can also open doors, but lease options remain one of the most powerful, low-risk, minimal cash out-of-pocket ways to build a portfolio.

.$70k out of my pocket cash and sell the house when it is done for $360k to $400Kclosing cost $40k so 360 - 40 = 320 - 270 = 50K profit or 400k - 40k = 360k - 270k = 90k profitthe $360k is conservative for sale price chino hill ca.at least that was what i had bouncing in my head

However if you didn’t calculate in at least some percentage of the rent for vacancy, repairs, and CapEx then eventually things will happen, such as a vacancy or a repair being needed and you will be out of pocket a much larger amount of money than just your $400.