It takes positive cash flow to make a BRRRR investment profitable.

Safe means after you have conservatively underwritten the deal including maintenance, property management, vacancy, etc it still has positive cash flow.

Most lenders require that a combination of the guaranty entitlement and any cash down payment must equal at least 25 percent of the reasonable value or sales price of the property, whichever is less.

Yeah, I think 140 stuck because I actually got my VA COE last year when I was considering moving and wanted to free up some dp cash for investments.

I thought cash flow had to make sense to get into a deal?

Do you have the money to have an electrician rewire the house to modern standards maybe 3000 to $5000 cash, maybe more- maybe you could ask  if they could do it on a credit card--I don't know?

I purchased all cash for my first deal for a few reasons.

Once you move out and rent out both sides, you should be able to cash flow.

I've done the numbers and they don't work as a flip nor do they work for someone to buy cash and rent it out.

Hi,I have been investing in Securities for a while, but I would like to start building a portfolio of Real Estate Positive Cash Flowing Properties in Ontario (Hamilton, Barrie, Oshawa, or Toronto).