Purchase price: $100,000 Cash invested: $35,000 Sale price: $270,000 Hey BiggerPockets Community,I recently updated a multi-family property on a tight budget and significantly increased its value.

What type of property do you plan to purchase(Single, multi, commercial, etc) and where do you plan to buy it?

Hello, I am new to the BiggerPockets forum and looking to purchase my first investment property this year.

Recently purchased a new property with an upstairs attic studio.

Invest in a Rental PropertyUse your equity: You could leverage the equity in your current home to purchase a rental property.

Reno Scenerio Off Market Purchase Price - $185k ARV = $315-335kReno - $55-65kHolding - $10kClosing both ends - $25k= $335 , $315-$285 =$30-50k gain  As-IS Scenario Purchase - $185kSale Price on MLS :$225- $235kClosing both ends - $20kHolding - $4k= $235 - $209 =$16-$26k gainIn both scenerios I’ll be 1031ing it into a new investment.

Santarelli allegedly purchased from a government auction from the bankruptcy trustee and relaunched online.

My plan is to sell my primary home in New York and purchase a house to live in South Carolina.

Understanding the true material costs is important and I urge investors to get a good grasp of this before agreeing to labor only bids where they are responsible for purchasing materials.  

I use a hard money lender here in Memphis TN that is 12% interest paid 1% monthly, 100% purchase & 100% rehab w/5points up front.