The buyer agreed to cover the cost of the new appraisal, which came in significantly above the purchase price.

Purchase price: $35,000 Cash invested: $15,000 Sale price: $80,000 3/2 SFR with shop sold in 2021.

Purchase price: $92,000 Cash invested: $13,000This is a 1350 sq. ft.

Purchase Price:Focus on areas where the rental rates align well with your purchase price.

Congrats on your first duplex purchase!

Iv'e been thinking of purchasing this after completing my hours. 

@Tomoko HaleWith STRs its not just purchasing the property. 

Purchase price: $260,000 Cash invested: $120,000 Sale price: $535,000 Complete gut, new front and rear walls, all new electric, HVAC, plumbing, roof, deck, windows, interior What made you interested in investing in this type of deal?

We would prefer to jump into the market with a duplex, triplex or quad as our first purchase. 

I believe interest is tax-deductible if used for property improvements or purchases, and it gives you quick access to funds while keeping your stock portfolio intact.Private Money Loan: If you have a trusted partner and terms that work well for both parties, this could be an efficient solution without tapping into your other assets.