Add that into the calculation above if you're covering any utilities or deduct other unique expense you might have.Assuming no huge issues, you should be able to get to that $10K in a little over a year and a half.

Examples: 1) $8,000 total investment, sold for $24,000. 2) $20,000 total investment, sold for $40,000. 3) $60,000 total investment, sold for $95,000. 4) $100,000 total investment, sold for $160,000.Most investors have no understanding of how or why this unique housing niche works the way it does.

This may be a unique situation for VA Beach (and NC Outer banks) -- the rental properties are usually rented on a weekly basis in the summer, with all the rentals start and end on Saturdays. 

It goes into repayment next year.

I'm trying to create a unique company name.

Large lot and very unique home in Camp Hill.

So like $300,000 would be $1800 plus 5% I'm told to repay back the mortgage.

I included it in the name of the place and it sounds unique and cool.....You can avoid the flood insurance by paying cash if that's a viable option.

You most likely will come to a similar conclusion as others...but there may be a property where you are uniquely set up to jump in and do something.

If you ran the numbers on a BRRR deal accounting for knowing you'd only be able to refinance for 70% of arv, the costs of repairs, and repaying the initial HML....you wouldn't have bought those properties.