I went from growing up in a hut in Vietnam and spending my early years in Section 8 housing in the U.S. to now owning four cash-flowing properties (8 units) across three states.

It is imperative to have a cash reserve for unforeseen circumstances, such as unanticipated maintenance or fluctuations in the market.

There are a couple opportunities thats on MLS currently, and I am crunching through my math and it seems to work out well (positive cash flow, decent cap rate).Some key assumptions I hope still holds true today:  low vacancy rate in general. ~1000-1200/month for a room in a single family house / duplex. 

Use the HELOC on cash-generating opportunities like flips, then use the cash generated to buy long-term buy and hold investments. 

BRRR/house hack/str/mtr/ltr.... leveraged equity building vs. cash flow).3.

I am sure there are plenty of cash buyers looking for deals at 65% ARV.

Those holding cost will certainly add up over time and kill any cash flow.

You can assume about 1% in closing costs in addition to commissions so you're starting around 7% before the seller gets any cash at closing. 

Purchase price: $45,000 Cash invested: $92,049 Sale price: $154,900 Contributors: Peter Vekselman Partner Driven and partners BJ & Traci Medlen purchased a property on S.

Assuming the area checks out, I’d rather buy in a high price area that has little to no cash flow rather than an area that has cash flow but lower price.