Purchase price: $110,000 Cash invested: $1,369Acquired this deal from another agent, off-market.

It is attractive due to its affordability, providing high rental yields and better cash flow potential.

These are areas where you can cash flow in Columbus because the rent-to-price ratio is favorable.

However, for a conventional loan and MOST DSCR programs you cannot use gift funds for an investment property. and finally, if you have the cash or if you bring your mother on the application so you an use her cash, your pricing will be much better if you put down 25% instead of the 20%. 

Purchase price: $40,000 Cash invested: $15,000 Contributors: Maria Talasz Buy, Renovate, Rent by the Room, Refinance (coming soon)...This BRRRR deal was inspired by the 2023 Bigger Pockets Real Estate conference in Miami after seeing David Greene repeat so many great points about house hacking.

Purchase price: $40,000 Cash invested: $15,000 Contributors: Maria Talasz Buy, Renovate, Rent by the Room, Refinance (coming soon)...This BRRRR deal was inspired by the 2023 Bigger Pockets Real Estate conference in Miami after seeing David Greene repeat so many great points about house hacking.

Are you assuming sale of asset on the last year,cash out-refi, or continued cash-flow with some multiple?

What would be some of the lowest cash options to finance the land/new build as soon as possible?

Cleveland is a great cash flow market, but you really need someone who knows the area to provide guidance.   

Purchase price: $40,000 Cash invested: $15,000 Contributors: Maria Talasz Buy, Renovate, Rent by the Room, Refinance (coming soon)...This BRRRR deal was inspired by the 2023 Bigger Pockets Real Estate conference in Miami after seeing David Greene repeat so many great points about house hacking.