Purchase price: $116,000 Cash invested: $27,000 Sale price: $187,500 Replaced kitchen, updated bathroom, drywall repairs, paint and flooring.

I ultimately finished crunching the numbers between this spreadsheet, the sellers 1040 forms, some minor things needed within the property for expenses, and purchase price. 

@Noah Yashinsky hi Noah yeah just purchased a four Plex in pharr last month.

Cost-Effective Entry:Buying a duplex often requires a lower down payment compared to purchasing a multifamily property (5+).

Hey y’all,Exploring my first BRRRR, and curious about financing strategies of initial cash purchase vs HML.

My fiancée and I purchased our first home in 2017, and accidentally stumbled into about $125,000 of equity with it.

Im a newbie trying to learn how to assign L.O.s with option to purchase. and so ive heard hes the go to guy.

However, I don't like this idea because it creates Loan A (the equity you borrow against your home) and Loan B (the purchase of the investment).

As you gain experience and build equity, explore leveraging your existing properties to finance additional purchases.

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?