Therefore you have to rely on contract, if its a new build, make sure its in the Purchase Agreement.Why?

I partnered with him and purchased my first property here in Columbus, OH.

Any amount you purchase less than you sell, or any amount of cash you take out is considered to be profit. 

Purchase price: $155,000 Cash invested: $60,078 Sale price: $275,000 Fix & Flip property in great neighborhood in Saraland, AL.

Purchase price: $90,000 Cash invested: $60,000 Buy and hold that I still have to this date.

On the other hand, with an appraisal near the purchase price, that should be enough in this case.

Purchase price: $3,636,000 Cash invested: $700,000 This is a brand new 40 home build to rent manufactured housing community.

In Cleveland you could also purchase a property in an area that is improving or on the border of one.

This, in turn, allows for higher rental rates or quicker sales, directly impacting the ROI.I could remember when an investor purchased an old, three-story commercial building at  a bustling downtown area.

I currrntly own a home and am renting it out, I am working on purchasing a duplex.