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8 June 2024 | 5 replies
If I rent it, it won't cash flow more than 2%, which is sort of ok as my goals is creating a portfolio of additional income for retirement (12 years from now) If I sell it I will likley lose a little money ($5-$10k) I Used a VA loan to purchase zero down and will be living in it for 24 months while I do the rehab.purchase price $330K, rehab $15k, Estimated ARV is $370k.
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8 June 2024 | 5 replies
I would offer cash for keys, or not renew the lease, and reset the tenants in the building at the first opportunity.
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7 June 2024 | 4 replies
The numbers I’m running show that it will still cash flow around $150/mo.
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8 June 2024 | 4 replies
We've been including a lot of seller concessions to reduce the cash to close.
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11 June 2024 | 46 replies
So long as there are constant sales of renovated properties in your market, this will be accurate.If you take another look at this, you can see after I enter the query I get back the ARV, ACV (As-is Cash Value), and all the comps from high to low: You can tell the highest comps are close to $2M with $700-850/sf, the lowest are $1.3M at $500-600/sf.
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7 June 2024 | 0 replies
Purchase price: $95,000 Cash invested: $30,000 This was my first rehab.
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7 June 2024 | 4 replies
Search for properties in line with your spending plan and investment objectives.Property analysis: Examine possible single- or multifamily properties to ascertain their overall investment viability as well as their cash flow potential, cap rate, and return on investment (ROI).
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7 June 2024 | 4 replies
Seeking to grow net worth and cash flow in the next 6 years.
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7 June 2024 | 1 reply
Are you cash flowing?
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9 June 2024 | 50 replies
I have poured my cash into STR construction projects, and so actually have a loss which nearly equals my income.Using the "STR Loophole", this should enable me to deduct these expenses from my W2 income.