Purchase price: $40,000 Sale price: $50,113 Contributors: Peter Vekselman Partner Driven, in collaboration with Preston Moore, successfully completed a quick sale on 43rd St, Fairfield, AL 35064.

Seems like the cash flow is tight if a refi or 2nd will make it go negative but if you want to tap the equity to purchase more then that maybe the route.

I did a test and input this data into ChatGPT: What is the ROI and monthly cash flow on a property purchased for $135,000?

This makes these units ineligible for conventional purchase which really effects the resale for owners.I don't know what kind of numbers you are looking for, but I have a Duplex just north of downtown with a potential note assignment at 5% interest.

If you haven't yet, purchased the primary residence, I highly recommend going with the house hack route. 

Purchase price: $74,900 Cash invested: $43,000 Sale price: $204,900 Contributors: Peter Vekselman Partner Driven, in collaboration with Billy and Traci Medlen, successfully completed a fix-and-flip on Briar Oak, Crocker, MO.

Purchase price: $74,900 Cash invested: $43,000 Sale price: $204,900 Contributors: Peter Vekselman Partner Driven, in collaboration with Billy and Traci Medlen, successfully completed a fix-and-flip on Briar Oak, Crocker, MO 65452.

After purchase, you can raise the rent on the current tenant or terminate their lease and find a new renter.

Purchase price: $168,000 Cash invested: $28,000 Sale price: $245,000 Converted primary residence into buy-and hold in 2020 and sold in 2024 when tenant left and partners needed to go their separate ways What made you interested in investing in this type of deal?

But in analyzing the numbers, my market it looks like I can pick up land for 35-45k, moving cost 15k, purchase of an older home and rehab 50k.