They would still not pay it all but we only ended up having to come out of pocket about $5k as opposed to what they were initially trying to get us to pay out of pocket.

During the initial planning of the project, we agreed to an amount for the work/completion date but there was no contract signed/created. 

This townhouse should be able to cashflow $300-500 per month with an initial investment of $97k.

I don't have any direct experience with real estate investing but I've been inspired by the amount of internet research I've done, talking to a few friends, and my readings (i.e How to Invest in Real Estate, Rich Dad Poor Dad, 12 week year, etc.).I'm interested in initially just buying a house and renting it out to a few people, and then eventually getting into BRRRR sometime afterwords.Would love to connect with anyone out here!

Average cost is $55 per month.If you wish to renew, initial acceptance below and return to me.

I have starting capital and I'm still a bit unclear when I should pay cash to purchase a property or put a mortgage on it so my initial costs are lower. 

I have spoke with the same bank that I got my initial loan from, and they are willing to fund the rehab or 80% of it at least.

I am resident of New Jersey and bought my first 4-family (in Somerset) last year at 22 and was initially excited to get the ball rolling, but good deals have seemed to be non-existent since.  

Sounds like COC looks low and even if initially everything makes sense, the more I think about it (last 45min :) things are getting blurry.Can someone give me few smart words of knowledge on this?

Purchase price: $20,000 Cash invested: $90,000 Part of an initiative to help revitalize and bring people back to the community.