(repaint, refinished hardwood floors, minor plumbing, minor electrical, and lots of cleaning)Total cash invested: $4,834.60Rent: $625/mo + $25/mo per pet Thankfully we signed a 12 month lease about two weeks after closing on August 1st.

I've concentrated on creative formulas, which include financing, exchanging, and other methods of solving real estate issues.

I buy houses at 15%-20% of current fair market value.A hard money lender will put up Half only in this scenario.All of the various methods on this website REQUIRE finding a good deal except for owner occupied FHA/Conventional financing and that takes at least mediocre credit.

Some methods make sense and some don't.

This method in my opinion is pretty much mentorship and cash for deals without any upfront financial cost.

Yes, Yes, with proper deposits and built in protection with rent prices via maintenance reserves.This is one method we are considering rather than trying to find a flip to increase investment capital this year.Thoughts, considering low Cash on Cash but possible increased investment capital through equity?

Would I have to find another method of financing the second deal like hard money or private funding?

Realty folks will use comps instead of the cap rate method for valuing the property.

Now everything is broken up into separate units of property, and the plumbing system (or plumbing unit of property) includes pipes, valves, faucets, bathtubs, showers, etc.

.$25k in materials and laborMonthly holding costs: $557(int payments, taxes, utilities, insurance)House info as purchased:House built in 1971 - Solid B neighborhood - Great Schools2081 sq ft4 Bed, 2.5 BathNew RoofNew WindowsNew HVACVinyl SidingWork to be performed:New cabinets and counter topsLaminate downstairs and carpet upstairsNew vanitiesNew light and plumbing fixtures(tubs staying)New water heater Paneling removed from den and replaced with sheetrockWindow removed from eat in kitchen and replaced with slider to access the back yardSmall deck built off of sliderAnd obviously paint throughout.We will probably price it under market value and hope to sell it quickly(30-60 days) at $125k which would give us a profit(after commissions, closing costs, and carrying costs) of $22k-$23k.