I know we all are looking for the dream investment that nets us a huge profit, but we have to start somewhere.

I know that, without an amazing contractor, I can kiss my house flipping dreams goodbye.  

We all wish you financial success, remember it may be called "real estate", but it is about people, their dreams, desires and and life.Charles Parrish 

I tired of dreaming about owning real estate and ready to take action!

"Gross rent $180,000, NOI is $128,000"If accurate and no exclusions, that's an expense ratio of 28% and that's good.HOWEVER, Price / GSI = 2,800,000 / 180,000 = 15 (the GRM)   Someone is dreaming on the price.  

Now work harder and dream with open eyes!

Let me know if you are interested in connecting or how I may help you get the information you need to move closer to your dream...

Hi,My name is Americo,i am from Portugal,living here for almost 4 years now.I have two degrees in psychology,diplomas in hypnosis and body language interpretation.I speak portuguese,spanish,english,a little of italian and french.I am a martial arts teacher(karate).I love to read people,read what their body says and not their voice...Is a plaser to be here,i have everything to learn with you guys.My landlord dream is to buy 3-4 multifamily apartments and live one day at a time,then will see...Wake up,see the the colors,breathe the fresh air,smell a good,tasty coffee,feel the textures around me,hear the birds...meditate on simple things...Americo Madeira

If you are slow in flipping it but the opportunity of your dreams comes along then freeing up your cash with a refinance makes sense.If you plan to rent it out then I image you can easily find a tenant to give you cash flow on top of $40k+ mortgage payments. 

That asking price, rehab cost, and ARV is an investors dream.