It is common to offer above asking price to sweeten the pot as many owners would simply rather collect the cash upfront.What makes it a desirable offer structure?

If I were to open up a separate real estate bank account, I would then have to add funds consistently from my W-9 job - which in my opinion begins to blur these two accounts together anyways.Should I still open up a separate account for this first house hack, or wait until I buy the 2nd property, which would provide consistent cash flow that will go directly into that account?

I currently own 18 single-family homes in the same area (1.9m value, Cash flow avg 320 per unit).

Save your cash...

With conventional mortgage rates hovering around 7% for 30 years… cash flow basically happens at 6.5% cap rate and above.

Jose,If you can rent it out and it cash flows and not just cover the mortgage then I would advise renting and buying a new home.

BUYER MAY TAKE “SUBJECT TO” IF THEY ELECT TO DO SO.Government guaranteed rentwhich is exempt from rent control.35% Upside in the RentsNostalgicbuildingin great downtown Oakland area near Lake MerrittExistingCap9%,Market Cap14%ExistingCashonCash Return13.5%MarketCash on Cash Return25%Existing GrossRentMultiplier7.6MarketGross Rent Multiplier5.6HighgrowthcityandareainfluencinggreatappreciationpotentialNodeferredmaintenance-EasyManagementStrongRentUpside.TroublefreeincomeandmanagementOpportunity Zone

Hi all, I want to BRRRR in $20-$60k outright cash properties and then put in another $20-$50k to flip.

I had some cash saved for investing in property, and then the perfect home came along.

@Richard Hoyte I haven’t been able to take advantage of any low down payment loans so have been stuck needing 20% down on every deal plus closing costs and cash reserves.