Currently the rent barely breaks even but the price has appreciated quite a bit.Should I have the condo sold today, I would have about $260k on hand ($180k down pay + $80k profit after exp.)After listening to some podcasts and doing research, I decide my main goal is to buy and hold for the passive cash flow.

I have not been mailing to this list, but I am starting a multi-touch campaign and I was wondering if others had experience with these types of leads and whether they generated actual deals ...

Another thing that is pretty typical about banks is their 20 to 25% down payment.One other thing that I forgot to mention was that the multi-millionaire can only borrow from a Bank is 4.5% and that he plans on profiting 150 million this year. 

*****************************************************************************Here are a few things to think about:- The headline is speaking about income, sounds like profit, but is actually revenue.

My# 1 rule for investing" You can never lose money by taking a profit!"

we still made just under 200k on that one project so we came out ahead if it would have caused a loss or no profit It would have been different .. and I did want to bust that 200k glass profit ceiling on a SFR new build.. have not done it yet at least on anything under 750k..  

Then take the profits and go with a multi.

Their profit is the difference . 

But is that really what makes it profitable?

I know I could probably go hard money but my concern is being able to refi into a normal bank loan within 6-12 months because I'm certain my equity won't be sufficient by then, even if I'm reinvesting all profits, and especially since the payments will be interest only.