![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/163959/small_1621420548-avatar-mikschmidt.jpg?twic=v1/output=image&v=2)
29 October 2018 | 1 reply
Here is the deal - not sure if it is complex but I will do my best to explain:Property A Purchased at 305k, renovated, rented and retaining: Single family renting at $5000 a month - great cash flow - equity in home is substantial - value of home is over 700k; currently have 1 mortgage on home and owe $220k; have equity line of credit of $150k and have not touched it; Net Annual Return is 44% roughly (probably won't come across anything like this again) Property BPurchased at 450k, renovated rented and retaining: single family renting at $4000 a month - decent cash flow - equity in home has increased due to reno - value now worth near $550k conservatively and have 1 mortgage on home; not really interested in doing to much more with this property at the moment; Net Annual Return is around 10% (put a substantial down payment down to increase cash flow)Property C - Looking at dealing - Buy?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1096461/small_1621508816-avatar-abigailt2.jpg?twic=v1/output=image&v=2)
10 August 2018 | 50 replies
I’d love to keep in touch as you start the next step!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/538930/small_1621492086-avatar-johnnyonthespot.jpg?twic=v1/output=image&v=2)
18 December 2018 | 12 replies
When tenants turn over every 2-3 years there is no need for a extended vacancy as quick touch-up is all that is necessary.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/922737/small_1621505608-avatar-christopherm257.jpg?twic=v1/output=image&v=2)
13 November 2018 | 5 replies
I'd be happy to put you in touch with someone to give you guidance if you direct message me.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/449474/small_1621477158-avatar-bobbyb8.jpg?twic=v1/output=image&v=2)
23 February 2016 | 14 replies
I personally wouldn't touch a property with foundation issues.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/463031/small_1621477763-avatar-knatc.jpg?twic=v1/output=image&v=2)
25 February 2016 | 14 replies
Taking advantage of government programs is something that BP may not have touched on enough since they are likely very local in nature.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/488567/small_1694717615-avatar-helenian.jpg?twic=v1/output=image&v=2)
21 April 2016 | 13 replies
Private message me and I can put you in touch with a title company that has a dedicated multi-state group that does this for our customers, including all of the largest trustee sale buyers.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/601745/small_1621493555-avatar-lisas90.jpg?twic=v1/output=image&v=2)
1 September 2016 | 21 replies
. $60/SF seems like a good deal if you are getting all systems, new kitchen, and floor plan even if you aren't touching the basement.