Purchase price: $250,000 Cash invested: $62,500 Brand new build: Appraised at $310,000. at closing the builder financing and buy down of 1% put the 30 year fixed financing at 5.75% investor financing with 20% down.

It wouldn't be worth it to sell it to this buyer at a already discounted price and to pay $10K.

Purchase price: $200,000 Cash invested: $40,000 First investment property - higher end rental in my market.

The response was overwhelming—within 48 hours, we received a cash offer well over asking price with no inspection and no contingencies.

I am small time though built about 300 homes in the last 7 years or so.. 4 developments and spot lots in Charleston sc and  Ocala FLA ( Fla was not worth the effort for us)..

And should I follow the 1% rule to see if homes are even worth it( only because house prices are very high)

I am looking for both cash flow and appreciation.

I paid for the land in cash and am now looking to take out a construction loan to build the house.

Columbus, OH) in terms of cash flow vs. appreciation.

Living for very cheap/free takes time.I'm at the point where if I rent out my main house, it will cash flow positive.