Purchase price: $690,000 Cash invested: $35,000 Contributors: Daniel McDonald After years of research and a few months of searching, I finally house hacked a two-family in Peabody!

Purchase price: $60,000 Sale price: $70,000 We assigned our property interest to a cash buyer, stemming from a bandit sign lead.

We are cash flow negative on this unit. 

The problem I'm having is my low cash balance for the moment.

The best option right now is a cash-out refinance, but if you're sitting on a low rate it may be counterintuitive. 

Paying cash?

However, it did not perform well overall and barely cash flowed (although, to be fair, it was on a 15 year note). 

I have the appreciation play / minimal cash flow in Texas right now, so the Akron plan is to maximize steady cash flow.

I live in one and rent the other for positive cash flow of $400.After all is done, I would have 2 rental properties.

you can achieve a lot more than 1 house per year. what is your starting cash position?