Purchase price is $210,000.

•Breaking even in Year 1 is reasonable, and cash flow is possible with good management and pricing strategies.

The median sales price of Las Vegas represents the middle point of all homes sold—half sold for more, half for less.

Hey John, if your priority is security paying off the mortgage in 5-6 years would give you a solid $4K/month net.Alternatively, you could use the HELOC to acquire a few rentals, likely in out of state cash flow markets with strong price to rent ratio.

The way I understand it, I would have to pay 4.125% of the purchase price in LLPAs if I want to get the normal interest rates.

Purchase price: $73,000 Cash invested: $25,000 Current market rent $1295 vs $1300 for Section 8.

BUT The points they charge and interest are both way higher than normal, on some deals I ran numbers the points and interest were going to be 20k on properties where the ARV is 100k so you have to get properties at such a low price to make it work that it is so hard.

Usually, the price you pay for the  property is what the lowest per sq ft listings appear to go for on MLS.

If you can time it right with the townhome project, you might get better pricing on materials and labor by bundling the work together.When it comes to structuring a deal where land is contributed, make sure there’s a clear agreement on ownership percentages, responsibilities, and exit strategies.

Areas like Pilsen, Bronzeville, and parts of the South and West Sides offer opportunities for value-add investments, while North Side neighborhoods provide more stability but at higher prices.