Purchase price: $88,000 Cash invested: $44,811 Sale price: $190,000 1 bed 1 bath 3rd floor walk-up just a block from the lake in Roger's Park.

Simon, Here in FL its much easier for us because we know a few things:1) The U.S. is severely under supplied in housing units. 2) Tons of people are moving to Florida everyday which makes point #1 even more drastic for us. 3) Interest rates are preventing people from selling their homes, because then they would need to re-trade for a higher interest rate buying a new home, which is creating even more housing demand.So with this knowledge, now we move to more market specific data, which is what I talk about in the original post.If a market shows decent growth and demand, then it all boils down to the numbers.Its important not to forget about any costs though.

We have had good luck doing 15-20% profit on ARV in other markets.So if purchasing at the full $500,000.00 we'd be looking for a $700k sale price.

If you purchase via seller financing, then you have a debt and will need to disclose it, and it will be added to your liabilities for DTI.

Where you purchase a property that needs some work, live in it for 2 years, fix it up (either DIY or hire contractors), and then refinance & rent it out.

Hello, I signed a purchase agreement for a new construction home as an investment property.

Purchase price: $150,000 Cash invested: $20,000 Sale price: $260,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Jason Arguelles, bought a property on Elysian Fields Ave, New Orleans, LA, on 10/26/2023 for $150,000.

I purchased a new toilet within 48 hours.

I purchased a home sub2 that was a pre foreclose.

Has anyone had experience with purchasing or considered purchasing a building with a sinking foundation?