With conventional mortgage rates hovering around 7% for 30 years… cash flow basically happens at 6.5% cap rate and above.

Purchase price: $551,050 Cash invested: $12,000 Utilized the new 5% down conventional option.

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.

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

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.

Cons: take a big tax hit up front, so I start with less money invested.

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