Purchase price: $22,000 Cash invested: $30,000 Sale price: $145,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Seth Choate, successfully completed a fix-and-flip on Faith Home Rd, Space 119, Ceres, CA 95307.

The best rate I could get now for an investment home is 8%. 

However, with our current low interest rate and rental rates for our neighborhood we could also cash flow appropriately $1000 per month, keep it and allow for further appreciation over the next three years until we would need to sell to capture section 121 tax exclusion.

And remember appreciation is at compounding rate. 

I find the larger houses are more difficult to find good market rate comparable rents and they will likely attract applicants that bring more wear and tear. 

I see and read so many success stories and would love to be one of them - just feeling discouraged right now because I still have to work my 9-5 but am trying to put in the time to make something happen. 

It is much easier to talk about being conservative when the sponsor implies that they are CHOOSING to keep millions in reserves or buy a low interest rate cap.  

While the leverage may be lower, banks typically offer fixed-rate options instead of adjustable rates.Remember, each property tour is an opportunity to gather valuable insights and make informed decisions.

Purchase price: $40,000 Sale price: $63,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Mark Millett, successfully completed a quick sale on 45th St, Birmingham, AL 35212.

We had previously looked into STRs (Gatlinburg), but it is a difficult segment to get into due to being so far away (5 hours driving) AND current interest rates.