You would need to use all of the cash down payment and purchase at least as much as the sales price of the old property. 

Now if you paying all cash or using a hard money loan that different.

Purchase price: $210,000 Cash invested: $21,000 2/2 condo, in a 314-unit complex. 1.7 miles from the beach, great location.

Purchase price: $165,000 Cash invested: $35,619 Sale price: $294,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Ryan Phipps, successfully completed a fix-and-flip on Powder Branch Rd, Johnson City, TN 37601.

Purchase price: $275,000 Cash invested: $67,150 Sale price: $365,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Seth Choate, successfully completed a fix-and-flip on Oak St, Galt, CA 95632.

Hello,I am interested in purchasing a short term rental in the Ludlow, VT market but am struggling to cash flow in my analysis.

Purchase price: $142,000 Cash invested: $40,000 Sale price: $270,000 Contributors: Peter Vekselman Partner Driven, in collaboration with John Robertson, successfully completed a fix-and-flip on Beaugard Cove, Memphis, TN.

You must reinvest all “cash” $525k (if that’s net) minus $268k mortgage is $257k. 

Purchase price: $50,000 Cash invested: $2,000 Sale price: $72,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Seth Choate, successfully completed a fix-and-flip on Roberts Rd, Mascot, TN 37806.

The biggest advice I can give you is to figure out your own goals, and be specific, so I want to invest in multi family for cash flow for instance is too broad, is your goal to have an investment or a place you enjoy living, those are often in conflict as most multi family tends not to be in the most desirable parts of towns, are you willing to high cash flow in exchange for alot more effort, risk and limited appreciation, or do you want a more stable property with potentially less or even zero cash flow, if it’s a primary residence, are you going to live there long enough to make it more sense than renting, the breakeven period in a place like Baltimore might be 3-5 years.