Sharing like this is amusing and insightful. 

.$700 rent = $118 cash flow$850 rent = $193 cash flow$900 rent = $218 cash flow2% rule works$650 rent = $32,500 purchase price$700 rent = $35,000 purchase price$850 rent = $42,500 purchase price$900 rent = $45,000 purchase priceI am using the $650 for my calculations, to look at it from the most conservative angle.I am going to have an inspection to rule out any major problems and to get an estimate on repairs.

This is the strategy I am using on my home purchase.

I am using the cash flow savings to bank and save up for my next duplex in the same area.  

i am using hard money and went to work on it ASAP to move it along fast.  

I am using the iPhone app for bigger pockets so I'm not sure how to post a picture or if it's possible but that would be the easiest way to explain it.

I don't have a lot of money, so I am using the FHA to get in with low money, the 203k to rehab, and then a successful refi (to me) would allow me to pull out the minimum I need to put a downpayment on a multiunit property.

I am using  Podio, CallRail, and Globiflow  to manage my incoming calls.  

Hey Rod, right now I am using conventional financing until I can no longer finance this way.  

Hi BP Team,If I buy a 4plex and am using the rental income to pay down the mortgage.