Feel free to check us out at ComfortCapital.com.Regarding Sunrise, they’re a credible operator—Kevin is a smart guy, and we share a handful of investors.

Purchase price: $340,000 Cash invested: $110,000 This is my first rental property.

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

Retaining your current home at a 2.875% mortgage rate maximizes cash flow, while accessing $65K in equity provides liquidity for your next steps.

My next question is what kind of cash do you have available? 

We also have two of their courses available for free if you want to learn more about self directed iras on your own.  

Feel free to Dm or email me if you have anymore questions.

The properties do not have to cash flow a significant amount (although I wouldn’t hate that) they just have to sustain themselves as we have three incomes between us and not looking to quit our W2’s to live off cash flow.

We at Aslan would be happy to help you through this process as well so feel free to reach out if there are any inquiries. 

It’s harder to BRRRR in the Tulsa area now due interest rates, you definitely have to buy at a great discount in order to be all in low enough toget all of your money out and the rents have to be high enough to still cash flow after all expenses (PITI, Mgmt, Vac’s, Rep/Maint, CapEx, HOAs, Util).Based on being “all in” $120K in order to BRRRR and still cash flow at least $300 mo:$120K cash out amount - at 7%/30 yr ($150K+ ARV)PI = $800 mo + Taxes $150 + Ins $150 = $1100mo PITIRENT would have to be at least $2000 mo- $1100 PITI- $200 mgmt (even if self mng, it’s exp for time)- $200 vacancies- $200 Rep/Maint & CapEx= $300 mo cash flow.