During that time we were able to save more money and our budget went up.

Biggest things you’ll want your cpa to guide you through;Material participation- there’s three tests; 500 hours; 100 hours and more than anyone else’s time, and substantially all the activity.

Quote from @Brendan Lim: Hey everyone, I'm a first time real estate investor looking to close my first deal in Columbus, OH.

When we bought our first home I KNEW it was a good deal and we jumped on it. 

I’m also using a 6% vacancy rate, which brings the net monthly cash flow to about $200 and a CoC return of 13.06%.Summary:I’ve created around $50k in equity (difference between ARV of $200k and total investment of $155k).I’ve got about $10k or $18,385 left in the deal (factoring in closing costs).The cash flow is healthy, and the CoC return is strong, especially as a first-time investor.Questions:Does anything look off or could I improve the numbers?

Quote from @Eyal Goren: First time investing in Cleveland. 

I’m also using a 6% vacancy rate, which brings the net monthly cash flow to about $200 and a CoC return of 13.06%.Summary:I’ve created around $50k in equity (difference between ARV of $200k and total investment of $155k).I’ve got about $10k or $18,385 left in the deal (factoring in closing costs).The cash flow is healthy, and the CoC return is strong, especially as a first-time investor.Questions:Does anything look off or could I improve the numbers?

.: My first investment property happens to be my first home purchase, so my questions are hopefully basic for anyone experienced here.

2.Lenders and Financing•Can anyone recommend lenders in Destin who are familiar with VA loans and can work well with first-time buyers?

My first investment property happens to be my first home purchase, so my questions are hopefully basic for anyone experienced here.