Cash flow is NOT the only benefit of owning real estate. 

Some info:Original property purchase price ~$90k100% cash purchaseLooking to put the proceeds of the sale into escrow account (1031) and use it for a down payment to purchase another property of greater value (say we get $110k from the sale, so we can look for up to $380-400k approx. @25% down payment)Does anyone have any contacts to help facilitate a 1031 in NY?

Unless.... your happy to be VERY cash-deep into it and ready to absorb the hit's of a LOT of time delays and additional expenses or cost over-runs.

Plus, it's faster and might save you some cash on those pesky fees that banks love to charge.AAN Don't forget to cover your bases.

Hi @Neil Patel I put in an offer on a 4plex (26 Ella St) but got beat out by a cash offer.  

From there you show a commercial portfolio lender  your 3 properties that are cash flowing and tell them about the next property you want to buy that also cash flows.  

The going interest rate makes it seem difficult to cash flow $600/month.

Enjoy a $3,690 Market Value for Rents and potential $10k annual cash flow.

Seems for a 180k fully rehabbed 4b/2ba property, monthly cash flow is around $420.

As a result and in order to cash flow in our Region We need to keep up in order to keep rents at a higher level. https://www.bpi.org/certified-...