Essentially, he wants zero responsibility at all times and I'm not supposed to even call him re the property unless it's seriously urgent.We expect the end result to cash flow nicely.

I can definitely tell you there's still a lot of positive cash flowing and 1% rule deals and you get amazing appreciation.

For cash flow, they advertised 300 per month I am getting around $120.

Maybe buying more properties at a better price point is worth consideration.

Following is the income for all the unitsRentsNew Rents Expenses Unit 1: 1800 sqft $ 975.00 $ 1600Insurance $ 6,000.00 Unit 2: 1100 sqft $ 900.00 $ 1100Taxes $ 2,728.00 Unit 3:  1100 sqft $ 925.00 $ 1050Sewer Charges $ 4,800.00 Unit 4(Apartment): 700 sqft $ 700.00 $ 850Vacancy $ 4,000.00 Total $ 3,600.00 $ 4,600.00 Repairs $ 2,000.00 Yearly Revenue $ 43,200.00 $ 55,200.00 Total $ 19,528.00 Mortgage Interest Only/m$1,460.00$1,460.00Mortgage Interest Only/y$17,520.00$17,520.00Current Income Projected Income Net Operating In $ 23,672.00 $ 35,672.00 Cap Rate4.30%6.49%Cash Flow With Int Only $ 6,152.00 $ 18,152.00 Cash invested $200,000.00$200,000.00COC3.08%9.08%What are your thoughts on this deal?

we after 1 year refied with a very above average increase in value becoming cash on cash with a sizeable upside and a low rate allowing great cash flow

With two years of experience valuing deals and working with wholesaling under my belt, I'm ready to take the next step in my journey.I am looking in the 29205 and 29201 area codes for off-mkt deals in which the rent-to-price ratio is favorable and the property can cash flow.

we eventually refied after only 9 months with a significant noi increase through fannie becoming cash on cash plus a sizeable non taxable event along with 5 years i/o at a very low rate which allows for a healthy cash flow

For a direct answer, we need to know more about your income and liabilities- you'll still need to hit sub 45% DTI to get a conventional loan, regardless of your equity position or cash flow. 

We're the first company specifically serving Provincetown that Airbnb welcomed into their official Experienced Co-Hosting program.The prices in Provincetown have truly accelerated since we purchased property back in 2018.Lots of folks like us who got in before the pandemic are cash-flowing and we've seen sharp increases in value.