Purchase price: $241,000 Cash invested: $20,000 Turn-key investment property, with some Capex work including updated roof and lite plumbing fixes.

Purchase price: $241,000 Cash invested: $20,000 Turn-key investment property, with some Capex work including updated roof and lite plumbing fixes.

So I found and purchased 3 undervalued properties from wholesalers and we are just finishing up the 3rd one.

You can also do up to 85% LTV on a purchase. 

I purchased a single family to rent out the rooms and it sent my finical plan completely off course because I was not as ready as I previously thought.

Quote from @Andrea Lucarelli: I’m interested in beginning my REI career with purchasing a SFH or condo in Cleveland area (safe neighborhood) to list as a furnished rental for travel medical professionals, supply corporate housing needs, or house temporarily displaced families for insurance companies.  

I want to know more about the area and build a team that can help me purchase and manage properties.   

Purchase price: $205,000 Cash invested: $60,000 This was the first property I purchased.

Purchase price: $185,000 Cash invested: $35,000 Sale price: $671,000This was our 3rd home.

I think it helps flippers as it is easy to find the purchase pricesp versus selling price.