The numbers work and seems like I’ll be getting around $500 per door (cash flow) however I’m not familiar with the area and want to make sure is a good investment.

Purchase price: $140,000 Cash invested: $550,000 I am in the process of building a 2,800 square foot new construction duplex!

The cheapest is cash.

I paid in cash for all of this.

If it's a good income producing property, you could get up to 75% cash out of the value.

Purchase price: $600,000 Cash invested: $150,000 Sale price: $1,100,000 Fix & Flip

My client is purchasing the property with cash.

We are going to have a property manager and projected cash flow is good.   

I have about $300 on my credit cards (just finally paid them off for the most part, and have about $20,000 limit).My cash on hand is relatively light, but what my plan was was to find some single family homes in the north Detroit area (currently anywhere from $40-$60k and put about $15-20k tops into any repairs or fixes (not looking for total rehabs, mostly something I can do some small repairs here and there and paint, personally I am knowledgeable about renovating up until complex electric and plumbing).

@Robert Weissfeld, Yes, you can sell, cash out half, and 1031 exchange the other half.