If your goal is cash flow to retire early, would you buy an 11% Cap rate deal with current interest rates?

I am looking to build my cash buyers list and am determined to get my first deal.

Needed some major updates which I have been doing slowly but will be a great cash flowing property to help propel my investing journey forward.I also own a commercial property in the Wheat Ridge area that I run a business out of.

Right now you're earning 5.14% interest on your money, and you pay income taxes on every bit of that $1800 per year.Meanwhile, I won't even consider a rental property unless it pays me at least 10% cash-on-cash return and a minimum of $250+ in monthly cash flow.

what is the mortgage balance, is it current, how many payments back, what are properties selling for in the area (is his price above or below others), *how much seller financing can the seller take,* how much cash above the mortgage would seller accept, how fast does the seller want to get to the settlement table, what repairs or up-dates does the building need - you could ask if you had $10,000 to spendon improvements - what would you spend it on?

Would love to hear your suggestions about JV/partnership strucrure - I don't have enough equity to buy more properties to myself.I want to find an equity partner that will bring up the cash, and I will be responsible for finding the deal, rehab, day to day management.My strategy is BRRRR.

I don't know your market well, but in most or all desirable places to live, cash flow has to be created right now.

I'm genuinely excited about the prospect of connecting, growing together, and contributing to mutual growth.Looking forward to the possibility of working together.Thank you in advance

The same listing can go from a great cash flow on day one to negative cash flow based on how the buyer plans to finance it (conventional investor loan with 25% down, FHA 3% down house hacker, cash, etc).

Yep, they will need the Schedule E to properly cash flow the loan.