On average we have spent about $60k to reset the clock on a 1960's single family home.

Quote from @Dylan Webb: Hello, here's my situation:My wife and I own several properties separately.2 of the single family homes combined we have conservatively $150,000 in equity ($90,000, $60,000) I want to use one of these as collateral for a small loan of $30,000 to put down on a high cash flowing property OR have a lender finance the whole venture at a purchase price of $160,000.

There are 4 Single Family Homes built on the site. 2 are built-to-sell and 2 are built-to-rent.What made you interested in investing in this type of deal?

Starting small with a single-family rental or a duplex can give you experience without taking on too much risk.Real estate is a long game.

My portfolio consist of duplexes and single family homes, and one STR, however this will be my first renovation other than minor touch ups. 

I guarantee not a single one of them has TS-Q clearance. 

The contract was a simple 3 page one and I wrote this in.Also, it is a single family being rented as a rooming house (which is technically not legal here).

I am not preticuarly brand new to real estate as I've done 1 house flip before and 1 brrrr here locally to me.To begin, I’m aiming to tackle two single-family BRRRR projects in the Jackson County, MO area.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $376,613

Moved to Orange Park, Florida, from Delaware three years ago, choosing this home as the perfect place to settl...

Here on north side Chicago I even have out of state clients self managing.