Despite higher interest rates for the mortgage (7.625%) and the HELOC (9.5%), we are still positive cash flow.

Purchase price: $50,000 Cash invested: $33,000 Sale price: $133,000 "Experience exceptional investment returns with us!

If cash flow is your main criteria, chances are you'll be looking in the Midwest... markets like Detroit, Ohio, etc.Happy to help if I can.

I wouldn't let them stop me from moving ahead at all.....Maybe ask for $2000 cash (to close the deal) back  just for fun.

I just want to be fair.The lesson here is avoiding the temptation to grab those checks and cash them.

From a lender perspective would it still be considered a gift?

My cash flow was a little negative, but for the most part I did thing my parents told me to of paying down a mortgage using rental income.By 2020 I had moved to a different state and a pandemic happened.

Any way, as an REI you can 2x - 4x your cash flow by renting by the bed and putting 2 beds per room. 

You have to pay cash and/or have the owner hold financing.Get a VERY GOOD attorney. 

My issue is figuring out how to cash flow it.It’s hard to get accurate numbers with Cleveland properties ranging in quality.