Purchase price: $640,000 Cash invested: $220,000 Purchase price $640,000Got it at this price because there is a non-paying tenant in unit 2 (rent value $3,500), we're in court Rehab $60,000All in cash (rehab plus down payment) $217,500Rehab included ground level basement and 2 parking spot drivewayMonthly cash flow $1,500 ARV $950,000Equity $470,000Refi cash out (August 2024) $150,000 (used to buy new rental)New monthly cash flow breaking even (non-paying tenant still in unit 2)New equity about $200,000

I used bank/credit union mortgages for 80% to 97% of purchase prices. 

Purchase price: $295,000 Cash invested: $50,000 Single fam home, desirable neighborhood.

If you decide to purchase a property on your own, be sure to discuss it with your agent or property manager.

purchase and rehab, sell 236k, with seller contributions, holding closing and selling costs ...

So that the tenant rent is providing a larger amount of return of capital. 

If you're going the live in flip route - one great option would be to go with a low money down owner occupied loan to fund your next purchase.

Everyone has the right to write about their experience but I would be more inclined to pay attention to the review of someone who has been playing video games for years than the person in your example who purchased their first Xbox with no past experience.

Purchase price: $68,000 Cash invested: $70,000 Sale price: $195,000 I purchased a long-term rental property from the MLS that had multiple contractor issues and significant delays.

However, a common benchmark is aiming for at least 6-8% cash-on-cash return based on your total investment (purchase price + rehab + closing costs).Always factor in appreciation potential, tax benefits, and personal risk tolerance.