Account Closed - Cash flow plays are indeed difficult in Hawaii.

And we weren't looking to cash flow upon move out in this housing market, we just wanted a reasonable payment (PITI-rents) while we live there and for it to break even if we move out. 

Purchase price: $205,000 Cash invested: $175,000 This was quite the rare deal in the South Philly neighborhood of Point Breeze, located a few blocks south of Washington Ave and 22nd St this corner property while only having a lot size of 16x64 was 2000 sqft!

I could also use my cash out refinance to complete this as well but I also wanted to get into another brrrr and this may slow me down using all my cash without really being able to pull it out unless I HELOC after completion. 

I’d be interested in knowing what kind of returns you are getting (cash flow and COC).

If you're looking for somewhere fairly safe and consistent to store cash, land purchases in this area could be a good option.

I am going for a house hack with Fannie & Freddie conventional , After my 4th offer was rejected going over listing I asked the listing agent for some additional info and they stated that for this property there were 42 showings within 4 days. 1 cash offer, 1 commercial, 15 conventional and one FHA with 9 waived inspections, 11 escalation clauses and 5 appraisal gaps.

Purchase price: $95,000 Cash invested: $30,000This was my first rehab.

Cash-out refinanced in November 2021 at 3.75%.

Was it cashed?