We have been proposed a deal where we would renovate the sellers duplex from a 2 to a 4 and while doing that, our sweat equity would earn our down payment To purchase the property through them.

I bought it last year because I thought the price was pretty good considering it's located in Brookline and gives good cash flow.

Were looking at using a Heloc as  a down payment but its a variable 10.25% APR for 5 years  or 9.87% for 10 years and we have to pull 100K on first draw. of course we can put back what we don't use.

We find that most travelers are looking for something easy and want one price and payment that includes rent, utilities, parking, etc. all in one.

I’ve seen cash flow in the 10-18% range there, with plenty of potential for growth. 

Making a larger down payment can improve your loan terms, but keeping some cash reserves is also crucial for unexpected expenses and future investments.

Do you see many folks outsourcing the management and still cash flowing?  

We're considering selling a property Subject to (S2) -- meaning the buyer would pay closing costs and a downpayment, we keep the mortgage in our name, and the buyer would make the mortgage payments and monthly payments to us. 

Purchase price: $95,000 Cash invested: $30,000 Sale price: $173,000 Purchase price – 95,000Closing costs at purchase & sale - $6800Total renovation costs $21,935Sold for - $173,000Total profit – $49,265https://www.zillow.com/homes/11311-marbern-dr-hagerstown-md_rb/37683475_zpid/https://www.realtor.com/realestateandhomes-detail/M5889931134https://www.redfin.com/MD/Hagerstown/11311-Marbern-Rd-21740/home/15360019 What made you interested in investing in this type of deal?

See attached Excel summary sheet.Investment Highlight89% Physically OccupiedSupply Index in a 3-mile radius of 6.8 SF/Capita, 5-mile radius of 7.7 SF/Capita, and 10-mile radius of 8.3 SF/CapitaAdditional Income generated from 4 mobile home lots and 1 mobile home (Not Verified, as thus not included in underwriting assumptions)Key Underwriting AssumptionsDown Payment 25% of Purchase PriceEstimating a CAPEX/Repairs cost of $150,000Estimating Operating Reserves of $10000Stabilized Vacancy and Concessions/loss to lease at 10%Using a cap rate of 7.23%Key Demographic DataTotal Square Footage 21,130 Supply Index: 6.3Population 3,338 1 Yr.