Note too, that lenders vary by region what they'll require as far as percent down.

If you do and your cash flowing 1300 a month (15,600 annually), and put in ~106,000 to purchase that will leave you with a ~14.71 percent return.

Since our intention is to buy and hold these, but will still need the GAP investors to close the deal, I am wonder what are creative ways to structure the investment and what percent equity would you give an investor in a long term buy and hold property?

They could lock in a 3 percent range interest rate and then charge me say 7 percent effectively making 4 percent off me on there money.

I’m sure others are way better at this than me, but I find I don’t make that much more than if it was a regular rental once you factor in the 17.75 percent taxes you pay plus utilities and internet plus the cost of hard and soft furnishings that have to be replaced periodically.

@Keanalyn Wolford buy deals that need minimal repairs to get rented that still meet the 1 percent rule...I also like BRRRRS as well

The group notes that the Austin area remains one of best places to live in terms of cost of living — about 4 percent below the national average and the fourth most affordable market among the 20 metros on this year’s index.Powerful data and also worth mentioning that Dallas / DFW are took number 2:Sandwiched between Austin and San Jose in this year’s ranking is Dallas-Fort Worth (No. 2) and Raleigh, North Carolina, (No. 3)

@Kyle J.I ask this because I went to a sheriff foreclosure auction, and the defendant that was being foreclosed on gave himself a lifetime lease of approx $1 a month for the rest of his life before the foreclosure went into effect.

What is the magic percent for flipper?

@Justine AdeSome of the expenses seem high.Property management at 9 percent Monthly leasing fees.