I currently own 18 single-family homes in the same area (1.9m value, Cash flow avg 320 per unit).

Jose,If you can rent it out and it cash flows and not just cover the mortgage then I would advise renting and buying a new home.

Save your cash...

BUYER MAY TAKE “SUBJECT TO” IF THEY ELECT TO DO SO.Government guaranteed rentwhich is exempt from rent control.35% Upside in the RentsNostalgicbuildingin great downtown Oakland area near Lake MerrittExistingCap9%,Market Cap14%ExistingCashonCash Return13.5%MarketCash on Cash Return25%Existing GrossRentMultiplier7.6MarketGross Rent Multiplier5.6HighgrowthcityandareainfluencinggreatappreciationpotentialNodeferredmaintenance-EasyManagementStrongRentUpside.TroublefreeincomeandmanagementOpportunity Zone

If you move anything, walls, plumbing, electric, get a permit.

Hi all, I want to BRRRR in $20-$60k outright cash properties and then put in another $20-$50k to flip.

I had some cash saved for investing in property, and then the perfect home came along.

@Richard Hoyte I haven’t been able to take advantage of any low down payment loans so have been stuck needing 20% down on every deal plus closing costs and cash reserves.

I'm here because I recognize that I need to get serious about building cash flow and doing something about my tax bill every year.

There is major money involved in the right answer that impacts not only monthly cash flow but the overall value of the building.