$6k per month and $30,000 to get it going and it cash flowed about $20k a month. 

If we were not able to raise the price of our homes by 20% or more we would had to stop.. my LORI plan started at 600k sold two of them and made our normal 100k net.. last loris I sold 36 months later went for 850 to 900k and we made right at 250k NET on those ones.. so it was very specific to plans that CASH buying empty nesters wanted ..

This may kill your cash flow due to high interests rates though. 2.

NJ is a big one—places like Newark, Paterson, or even smaller towns have better cash flow potential.

Here’s a breakdown of the main ways investors fund their first deal while minimizing their own cash outlay:1.Private Money & Hard Money Loans– These lenders focus more on the deal than on your personal finances.

Are you looking for immediate cash flow or longer term appreciation?

Since you’re already networking and have some good realtor contacts, focus on narrowing down your investment strategy (like buy-and-hold or house hacking) and target markets with solid cash flow potential.

Purchase price: $600,000 Cash invested: $30,000 Purchased single family home, finished basement making the property a duplex.

I personally would stay away from condo-tels as they will be even worse and you'll have less opportunity to cash flow. 

Purchase price: $275,000 Cash invested: $275,000About this homeBeautiful 2 bedrooms 1 bathroom condo in the convenient location of Rowland Heights, close to bus stop, supermarket, schools, shopping centers etc. newer counter top in kitchen and bathroom. 2 parking spaces and storage room.