Purchase price: $3,285,000 Cash invested: $2,463,750 https://www.zillow.com/homedetails/4458-Mammoth-Ave-Sherman-Oaks-CA-91423/19986445_zpid/

Purchase price: $2,900,000 Cash invested: $900,000 Sale price: $4,200,000 Refinance on 2.9mm value.

If you were to do a cash out refinance after the property is completed and take out that equity, you could pay off the heloc and lock in a lower long term rate on the home.

Purchase price: $1,500,000 Cash invested: $1,200,000 This was a bridge loan at 80% LTV and 9% for an experienced investor who will be refinancing out of our loan with a construction loan once permits are approved for construction.

Hi @Mary Chen, If we are utilizing a 1031 exchange on the sale of this property the expenses you incur for repairs wouldn't necessarily fully translate to cash in hand at closing without potential tax burdens.

My PUP still covers me on losses beyond that amount up to my insured level, which is another 2 mil. 

Jason,Springfield has some great properties available for cash flow and options for 2 family duplex/stackers. 

My wife and I invest with cash and/or with our retirement accounts. 

Even if its cutting the warranty off, sticking to manufacture warranties, and saving the cash to pay for expenses when they come up.

. - Purchase Price $38,450-Full Rehab $75k (roof, interior/exterior paint, new kitchen, new bath, new floor, new appliance)- Add full bath $25k (88 sq ft) is the option/decisionAs far as cash flow, here is are the two options....- 3/1 would be...