I got a rehab loan for a flip from a friend for 9%, no draws, and got all the cash upfront to finish the project.

Purchase price: $170,000 Cash invested: $187,000 Distressed condo off of South Las Vegas Blvd that was on the MLS.

I currently have around 20k cash for a down payment and that is steadily increasing so I want to pull the trigger soon.I'm interested in Fort Wayne for a few reasons:- I have some family in the area (they won't be involved, but have some general knowledge of the area)- Decent schools- Low crime- Airport- Low pricesAny advice or connections are welcome as I am completely new to this.

Purchase properties at a discount that need renovation work to then sell at a higher price profiting at least 15%+ cash on cash returns of all in costs each deal.What is the outcome?

For a buyer this should reduce their cash out of pocket to close which could help with barrier to entry. 

I’d rather not give up my current first mortgage rate to get cash out to renovate. 

The third property has a nice cash flow.I am wondering if there are steps I can take to reduce the cashflow issues of the 2 properties before obtaining another property, like pay down the mortgages or should I just save the cashflow from the third property to pay for any future expenses?

Ohio & Michigan were recently highlighted in the rust belt as good values that cash flow. 

Our current mortgage terms include a late fee after 5 days, so they’re already paying extra each month and have to split the total monthly payment up between 2-3 payments when they get their pay check.

Purchase price: $264,000 Cash invested: $120,000 Sale price: $640,000 Duplex caught on Fire.