Old machines are okay if they were just purchased refurbished 2 years ago. 

Giving some rough numbers, let's say the interest rate when they purchased was around 3% and they offer to sell to us for $100,000 cash. 

Thank you, I mean if one gets a loan to buy a home and rents it out so the renters can pay the mortgage while the investor keeps on buying homes but all are loans not purchased in cash, exactly when will the investor see a profit , seems like it will be a while.

I would find out specifically what it is since it's still a risk you'd want to be weary of.

It's looking like 2018 is the year I pull the trigger on purchasing a multifamily. 

Purchase price: $85,000 Cash invested: $12,000 We bought our first Rental through an Online Auction.

Purchase price: $95,000 Cash invested: $30,000 Sale price: $173,000 Purchase price – 95,000Closing costs at purchase & sale - $6800Total renovation costs $21,935Sold for - $173,000Total profit – $49,265https://www.zillow.com/homes/11311-marbern-dr-hagerstown-md_rb/37683475_zpid/https://www.realtor.com/realestateandhomes-detail/M5889931134https://www.redfin.com/MD/Hagerstown/11311-Marbern-Rd-21740/home/15360019 What made you interested in investing in this type of deal?

Purchase price: $182,250 Cash invested: $73,000- Residential area that is close to University of Rochester- Spent $20K in renovation of the aged unit and increased the rent from $750 to $1,450. 

Purchase price: $248,000 Cash invested: $12,800 House hack I was able to make around $100 a month while living there.

There are many people coming into Dubai to invest specifically in real estate.