Purchase price: $310,000 Cash invested: $15,000 Sale price: $425,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Seth Choate, successfully completed a fix-and-flip on Carriage Lane, Oakdale, CA.

As part of that exchange they will be taking $500K in cash "boot". 

Purchase price: $710,000 Cash invested: $142,000 STR in Wheat Ridge CO What made you interested in investing in this type of deal?

Purchase price: $233,000,000 Cash invested: $23,300,000 single famly, 4/2.5 2 story How did you finance this deal?

Purchase price: $1,355,000 Cash invested: $135,500 Bridge House STR What made you interested in investing in this type of deal?

He will be paying cash for the entire thing.

If no to either I would be very upfront with him - letting him know that you are not a professional, etc.Average monthly management fees for LTR are 8-10% with a 50-100% lease-up fee per unit. 

Reason to rent is to have to a loan payed off and a few hundred dollars each month cash flow after all expenses.

I purchased a fourplex using a HELOC on my primary residence so technically we bought the fourplex "cash" with no mortgage.   

I’m frequently asked by new investor hopefuls how to get started in real estate when cash is light.