Hello Emira, Flipping can be very lucrative and good way to invest ad get the most ROI from your investment in a short period of time.

Everything I've purchased personally, including a recent 4-unit purchased last month, has been heavily cashflow negative initially and it usually takes a good amount of work to get it to cashflow or break even within a relatively short period of time....6-12 month approximately.

I'm currently in the option period with it ending on Monday so I need to make an educated decision by then.

New listing typically get artificially pushed to the top for a short period of time.

Are you going to send over a PM to remove your mechanicals in between each STR occupant if there's down periods with no occupancy? 

The 401k loan has a 5 year payback period so I'd really like to see the ROI with $40,000 down and 401k loan payments and mortgage payments running simultaneously. 

Time is money.. longer the note period is to payoff the less your going to get for the note. 

It was really insightful, especially the part about how DSCR loans offer shorter seasoning periods and more flexible qualification requirements compared to conventional financing.I’m currently focused on scaling into 6+ unit multifamily properties in New Jersey using the BRRR strategy.

K-1 losses, generated through depreciation and cost segregation, can often offset distributions during the hold period, minimizing taxable income.

Typically, you'll have something like a 10 year draw period with interest-only payments, and then the balance is amortized over 20 years.