If so, is the positive cash flow enough to keep you invested in keeping the property?

Purchase price: $220,000 Cash invested: $7 Single family home positive cash flow What made you interested in investing in this type of deal?

Any other options for building cash flow positive home or should i stick to traditional way and finding long term tenants? 

Hey everyone,I am looking for opinions on the best strategy for my future plans.I currently have around $100k in my home equity and $20k in personal savings.

For example in WI I have relationships with WI commercial lenders that will lend me 10% cash 10% equity in one of my other properties.

They also increased my line of credit by another $40k due to extra equity within the property that I can now use to acquire more units.

Came across this recent article from January 31, 2024 copied below:"Ohio REALTORS® have also heard more concerns about the practice of real estate wholesaling and how it robs vulnerable Ohioans of equity in their homes.

Congrats on the equity you built! 

Don't put yourself in a position where you are forced to pass up good deals because a lender or otherwise is not a fit or willing to work with you.

Problem with that is I would have to have to take out an original conventional loan to start, then right away refinance and get double hit with the lenders fees.I know I will run into the same issue as before where the money is essentially locked into equity because of the small loan amounts if I move forward and purchase this now house for $65k.