Purchase price: $73,000 Cash invested: $40,000 Sale price: $167,000 Single family block home

Purchase price: $143,000 Cash invested: $35,000 Sale price: $225,0003/1 Single family brick residence with detached garage.How did you find this deal and how did you negotiate it?

Purchase price: $310,000 Cash invested: $95,000 Sale price: $430,000 Buy and Hold studio apartment What made you interested in investing in this type of deal?

@Mike Lambert @Bob StevensThank you for your repliesHow do you manage tax obligations in the US and Mexico for short-term rentals and property sales?

Once the payment has been made and the sale transfer completed, there is no going back.

The great part about this strategy is that because you are buying a small multifamily property, you can still qualify for loan products such as FHA (3.5% down) so the down payment necessary is minimal.

If any of those Rochester sales don't close, let me know.

Most credit unions have second position HELOC products. 

It could cost you on sale price or concessions. 

It will depend what kind of loan product your using in order to determine eligibility.