Here's how you can structure it:Contingency Clause: Include a clause in your offer that states the purchase is contingent upon securing a lease agreement with a tenant within a specified period.Time Frame: Define the time period within which you need to find a tenant.

Purchase price: $116,000 Cash invested: $27,000 Sale price: $187,500 Replaced kitchen, updated bathroom, drywall repairs, paint and flooring.

I ultimately finished crunching the numbers between this spreadsheet, the sellers 1040 forms, some minor things needed within the property for expenses, and purchase price. 

@Noah Yashinsky hi Noah yeah just purchased a four Plex in pharr last month.

Hey y’all,Exploring my first BRRRR, and curious about financing strategies of initial cash purchase vs HML.

I've been having a tough time getting a quote from firms like Mercury, Bamboo, and Geico -- perhaps because it is a larger home (4100 sq ft) in a fire prone area.

The $100k-ish investment loan purchase that one would use a $25-30k down DSCR loan for is probably going to take a lifetime to increase another $100k in value.Buy the best assets and take advantage of owner occupant loan options.

Im a newbie trying to learn how to assign L.O.s with option to purchase. and so ive heard hes the go to guy.

You simply call your 401k provider and let them know you are trying to borrow money to use as a down payment for your home purchase.

However, I don't like this idea because it creates Loan A (the equity you borrow against your home) and Loan B (the purchase of the investment).