If your cash flow can't cover property expenses and/or you have difficulty keeping a tenant there for long, are you comfortable taking on the monthly payments with the car loan?

In small college town with high rental demandAsk price 745kGross rent: 9750/mth 177k/yr     (differed maint properties with potential 200/mth per unit increase once renovated) estimated reno (190k across portfolio)NOI: 91,475/yr   (12.6 CAP)    (includes tax, ins, listed maint for past yr)     After reno NOI 127,475/yr   (14.6 CAP) Deal info:    - Owner finance 745k 20yr at 6% 20k down minus deposits (~13k)Cashflow  = 2100mth     (self-managed) (self maint similar to the previous owner)By this alone, 2100 cash flow added per month, it will put me at my financial freedom number of monthly cashflow is equal or greater than my families spending amount.

It's important to note that other wholesalers are more likely to JV with you and take a disposition fee rather than simply give or sell you their list.If you're interested in purchasing access to cash buyers, you might consider platforms like InvestorLift, which can cost $25-30K a year for their dispo services.

Purchase price: $120,000 Cash invested: $25,000 Sale price: $150,000 2 FOUR PLEXES What made you interested in investing in this type of deal?

(This would add sig to monthly payments and limit cash flow).

@Aubrey Ford, save yourself the time, hassle, and headache by hiring a qualified contractor to tackle the project.

We save a ton on overhead and don't have to charge as much for closing and title. 

You can also get a Fidelity debit card that absorbs all ATM fees, if you need cash.

If you buy in a location without significant and sustained appreciation, every investment dollar must come from your savings.

It has a single family & duplex on the same property (duplex is already cash flowing).