Where is the project specifically located in Philly?

So, is the purchase price $2.25M with a $5,900 PITI?

Once you're ready for the next purchase, you will have experience, solid systems, and the confidence to tackle a bigger project like a BRRRR.

Without the ability to put down a deposit which rarely exceeds 5% of the purchase price how do you plan on completing the purchase? 

Purchase price: $115,000 Cash invested: $60,000 Sale price: $235,000 Small town reno, great return.

The others a SFR in Las VegasThe multi was purchased in 2015.

How can I purchase?

But there is hope... if you drive through the 4th ward area, you can clearly tell which properties are owned (single family homes with kept lawns and neatly decorated) and which properties are rentals (usually a broken window or two, falling apart porches, messy yards)... the closer to the single family-dense parts in the 4th ward, the better chance you have of getting a rental property that hasn't been laid to waste that you can purchase for a fairly cheap price. 

Purchase price: $288,486 This was our single-family home while stationed in Oklahoma with the Air Force.

It’s really a wild market and variable options can cause flux in multiple directions like jobs report which you would think have been the opposite either way causes some confusion in predicting perfect storm.As a banker who funds a good number of investment purchases and primary homes each month I have seen a big drop and its over 1% on average in rates since June.