Purchase price: $385,000 Cash invested: $385,000 “The Salty Mint” is the ideal location for your beach vacation!

I am open to getting professional help so pleaserecommend any, if possibleHi Jodi..most lenders will require a six month seasoning however it’s possible to use the purchase price and do an immediate cash out refi or first position HELOC.

I know home ownership isn't for everyone, but with that amount of income, they shouldn't have any debt. 

Moreover, given current market conditions and rates, understand that most markets only offer cash flow if you implement a creative strategy.

Purchase price: $120,000 Cash invested: $12,000 My old residence, I moved to a different home to get better financing options to make this one a rental.

I have properties in Fairfield, West end, East Lake, and others, and they can cash flow but the management is difficult (as in getting cash collected from tenants).

Below are two charts that show the amount of unsold "improved" properties.

If not, I've heard many people recommend a contractor or possible cash buyer.

After analyzing over 1,300 active single family homes in Reno, Nevada we found that the majority of homes cash flow around a 4% cap rate, with outliers in the 5s and even some at 6%.A cap rate is a measure of a property's investment potential, calculated by dividing the property's net operating income (NOI) by its purchase price.

You may also include a clause in your lease that if a utility bill surpasses a specific amount, then they would be responsible for paying the difference.