Scenario#2: Buy cash 3 SFH @ 350K each total $1,050,000. 

Cash and credit are key when it comes to fix and flip loans.

Purchase price: $153,000 Cash invested: $40,000 Recently updated duplex with tenants in place.

But that would decrease my cash flow significantly.

Thanks in advance!

I showed how I figured cash flow like I would making a presentation to a banker. 

Even if they paid the last month's rent in advance, the only other money would be a damage deposit and that can't be used for rent.  

Purchase price: $32,000 Cash invested: $68,000 Sale price: $96,500 REO purchase, rehab and flip all cash. +$28k ROI What made you interested in investing in this type of deal?

So many people purchased in the hopes they could get in on the cash cow, but failed to see how temporary those profits would be.

Adjustable-Rate: If you plan to refinance, we can discuss fixed-rate and adjustable-rate mortgage options that suit your long-term goals.Cash-Out Refinance: Once the property appreciates, a cash-out refinance can provide funds for further investments or renovations.Living in the property initially helps you build equity faster.Your townhouse investment is a promising venture.