That imagined $40k profit will be eaten up in a New York minute.Good luck.

Unless your pricing stuff down to move fast and thereby thin thin margins.

Can someone help me with understanding how to calculate what makes a good profit margin (I.e 1 percent to 5 or more) when looking at the property price to rental income.

@Alina Trigub I need 20 units rented for it to turn a small profit.

We ran all the numbers and decided the 5% down with some left over for the value add on the 3br 2ba unit was the most profitable option.Will share some photos once the rehab is done!

Hello BP members,I'm a new investor looking for some solid advice on my first deal.  I've been listening and learning for a while now but still a bit trigger shy.  I wanted to invest locally since this is my first dea...

Both of us on loan, we get owner occupied interest rates and flexible down payment amount (although I feel I would want to put down 20% to remove PMI)Once Dad sells his home (easier to do than finding a duplex) he will give me about $55-65k of the profits, be the owner occupier in a duplex, go halfsies on repair/cap ex, but only wants to pay about $500 per month (he'll adjust for inflation!) 

Couple things to remember Cash is king always will be and You can never lose money by taking a profit.

Is it that there is so much owned by so many that nobody can buy a large enough amount to profitably build something? 

See if they want to invest for profit on your venture.