Ok everyone what are your thoughts on this purchase. this property is in South portland maine. asking price was $600k, sell price was $582k seller paid all closing(11K) i also got $3,500 from the seller to pay for some work that was needed. i did get another 1k from seller also for some other stuff. interest rates is 2.875%. i know some dont like this idea but i am 100% leveraged as id i didn't bring a downpayment4unitrents are 1350,1375,1150,1300=$5,175i will be house hacking for atleast a year as its a VA loan but for the purpase of this question i left all the units rents in the calculationexpenses are about 2100 rounded(gas,electric,capx, maintenance and water/sewer)mortgages just under 3000 rounded up(principal, insurance and taxes)so ill be cash flowing about 75 a month. this area is a high appreciating area... or it was who knows with all this covid. part of my thought process on this deal is that my loan will be getting paid down over 10k a year and even if appreciation goes slows there is some room for forced appreciation. what are your thoughts?

There is a lot of unknown things but I would love to leverage experienced investors who have done this successfully.

Leverage, they said.

If you have the experience, capital (or leverage), and team (contractors, PM, time, etc.) to purchase 1 rental a month (or more), then do it if the deal checks out with your analysis!

They complicate paperwork/taxes, and there is rarely a reason to sue if you are just starting and have highly leveraged properties. 

I'm fairly financially conservative and a minimalist, and don't want to over-leverage myself.

I'm interested in my return on equity, so will continually cash out refi and maintain a constant level of leverage, as long as rates are relatively low.

For this time you have some leverage over sellers.

They have leveraged their money (you can't do that with a REIT) to acquire assets with a higher value than the dollar amount they are putting in.

purchase price: 115krehab: 25kARV: ~185kmarket rent: ~1,550Flip should generate ~$40k net, rental cash flow would be ~4,200/yrIn other words, would you rather have 44k immediate return or a leveraged asset returning 350/month (+principal pay-down, appreciation, and cash at 75% LTV)