Feel free to ask me anything about the process, the numbers, or how deals like this work.

Yes, I'm using this! 

The property is in Pell City, AL and I was able to find this is a non-judicial state and potentially would not be tied up as much unlike a judicial process since it’s not going through the courts.ThanksDaria 

Subtract expenses from rent.Rent - expenses = cashflowBased on your numbers $2100 - $1616 ($3232/2) = $484You are likely missing several expenses, but this should help.

Is there enough margin here for a flip, or would this be better as a long-term rental?

Hello All,So there is this multi family property I am very interested.

Most consumer loans do require this, but investor loans vary more on this point. 2.

Diego - BrightInvestor has a launch this weekend including instant insurance quotes for rental properties nationwide.

Side note: My husband and I are currently funemployed (we both have seasonal jobs) until October, so not sure if we could qualify for traditional re/financing options at this time.

I am willing to pay this 144,000 - although I am sure the original mortgage is less.