I'm here because I recognize that I need to get serious about building cash flow and doing something about my tax bill every year.

2-3x times cash on cash?

There is major money involved in the right answer that impacts not only monthly cash flow but the overall value of the building.

The property is being sold as-is / cash only by the management/Hoa of the development.

Get a Cash Offer Today!"

If you're applying for a Conventional/FHA/VA/ or USDA loan, then they will do a "global cash flow" where they take into account your PITI (Principal + Interest + Taxes + Insurance (hazard and flood) on all properties (second mortgages included), HOA payments, car payments, student loan payments, credit card payments, and installment loan payments in the numerator and your gross income in the denominator.

Most (but not all) cash offers waive the appraisal requirement, which reduces risk for sellers but enhances it for buyers.

The loan cannot be assumed, but I am looking for any creative way to inherit that low monthly payment and allow for even greater cash flow in the future.

Hi Everyone,I am making a commitment to be more active on here, and going to try to post here a few times a month and also answer questions from my perspective for the younger investors.As the title suggests, I am a long time RE investor, have 3 properties 2 of which I rent out (one is cash flowing $700/mo , YES) I control 1M in assets, have about 250k in equity total.

I'm big on equity over cash flow.