It is a set price that you are going to get for it and if the deal makes sense with an 8% profit vs ARV (80% for purchase, 7% for realtor and closing costs, and 5% holding costs), it will be a good deal for you.Account Closed You are 100% right.

If you're confident you can find better cash-flowing deals or scale your portfolio with leverage, it could make more sense to reinvest rather than pay off the loan.

JP Ruiz: Knows more about 401ks than anyone I’ve ever met…crazy smart, articulate, highly inappropriate sense of humor.

Do they make sense. 

Depending on how much money you're willing to pay, it might make more financial sense to use another platform.

Based on your current assumptions, you would be paying $1,229 per month out of pocket, leading to negative cash flow.If you’re house hacking and living in the property, it might still make sense because you're paying for housing anyway.

And don't be afraid to walk away from a deal if the numbers don't make sense.

If the original poster were allowed to delete their post, none of the posts following it would make any sense!

It's difficult to have a site with the functionality of BP that works the same on an app; a lot of designers are moving towards phone-optimizing language that essentially gives you the website on your phone without you having to pinch or drag to make the view make sense.

It makes sense, but you are giving yourself another job/business.