Purchase price: $70,000 Cash invested: $5,000 2018 Purchase 2Bed 1Bath in Kansas City$70k PP$27k RehabCash out Refi at $118,5 (4.875 rate) after 6mo and initially rented at $1000Payment $769Rent $1200What really makes this old deal sweet is that I only have about $4-5k cash into the deal, but it is now valued at $155-$160k, so I am doing another cash-out to drop the rate down to ~4.125 and only increase the payment by ~$20 per month (75 LTV).

Purchase price: $70,000 Cash invested: $5,000 2018 Purchase 2Bed 1Bath in Kansas City$70k PP$27k RehabCash out Refi at $118,5 (4.875 rate) after 6mo and initially rented at $1000Payment $769Rent $1200What really makes this old deal sweet is that I only have about $4-5k cash into the deal, but it is now valued at $155-$160k, so I am doing another cash-out to drop the rate down to ~4.125 and only increase the payment by ~$20 per month (75 LTV).

Purchase price: $70,000 Cash invested: $5,000 2018 Purchase 2Bed 1Bath in Kansas City$70k PP$27k RehabCash out Refi at $118,5 (4.875 rate) after 6mo and initially rented at $1000Payment $769Rent $1200 What made you interested in investing in this type of deal?

My initial thought is to go forward with the listing and selling of the property at the market price without paying the closing cost. 

I was thinking about trying to buy a 4 Plex initially and work my way up over the years until I can own full apartment complexes.

Section 8 supplements enough on 3 of the units at a rate that off-sets initial mortgage payment.

The thought alone that the court system of Massachusetts did not check this before the initial foreclosure is irresponsible and only slowing the court system down by causing more work. 

I struggle with narrowing down, as someone who works as a construction manager, my initial desire is to build or renovate. 

I purchased a house using the listing agent as my buyers agent, I made an offer that was lower than another competing offer and also negotiated 4% off the initial offer after inspection because I was prepared to walk away.

After 2 years, refi and pay the investor their initial investment + 10%.  4-unit apartment building (all units 2 bd/ 1 ba)3472 Sq FtRent: $740/unit/mo Price $ 195,000.00 Down Payment(%) 20.00% Down Payment($) $ 39,000.00 Closing Cost $ 9,750.00 5.0% Estimated Rehab $ 10,000.00 Total Invested $ 58,750.00 Principal $ 156,000.00 Int Rate(%) 4.50% Loan Term (Years) 30 Mortgage $790.43 $ 9,485.15 70% Rule ARV $ 292,857.14 Income Rent ($) $ 2,960.00 $ 35,520.00 Estimated Expenses Expense Monthly Annual Vacancy (5%) $ 148.00 $ 1,776.00 Prop Manager (10%) $ 296.00 $ 3,552.00 Utilities (100/mo) $ 100.00 $ 1,200.00 Prop Tax (3%) $ 487.50 $ 5,850.00 Insurance (100/mo) $ 100.00 $ 1,200.00 Repair/Maint/CapEx (100/unit/mo) $ 400.00 $ 4,800.00 Landscape (60/mo) $ 60.00 $ 720.00 TOTAL $ 1,591.50 $ 19,098.00 Cash Flow Tot.