Thereby affecting your cash on cash return as well as starting off with negative $19k. i did know that and was willing to take that hit on the chin with new money that comes in leaving the cash on hand pile alone for the year +. with such little down your right it goes negative and with the seller not interested in working with me (hes an owner builder so he can rent it for what i can but his loan is probably half of what mine would be or less) the deal isn't good any more to me unless that 10k concession is given .the idea was the 12k to close and another 15k to hold my side of the mortgage up for the year would still be less than what most people have to pay to get into something like this . was looking at it like 25k total on the year but was doing the math to see what it looks like after the 12-18 months i live there and can rent out both sides.

With only 10 units (compared to your 35 units) and less people to deal with I am able to achieve the same $10K a mth cash flow because I owe no Man for the assets I hold.

Investment Info:Condo buy & hold investment.

Hi @Andrew Singh      If you are using an LLC, I assume you would be using hard money (short-term loans) and/or DSCR loans for long-term holds?

Buy and hold, flip or something else?

We hold meetings in Miami, Open to team up, with like-minded individuals.  

No hand-holding so you need to be somewhat autonomous.

Investment Info:Condo buy & hold investment.

In Indiana we can hold the entire deposit until everyone on the original lease has moved out.

Investment Info:Small multi-family (2-4 units) buy & hold investment.