Ideally a property would cashflow when you take out a refi at 70% ARV but what if it does cashflow but only if you take out 40-60% of ARV for example?

With the partial exception luxury apartments in popular cosmopolitan areas, single family homes are supposed to be the ideal living situation for the American family. 

its kinda hard using the calculator without knowing alot of some of the costs for rehad and such things like that. i live in newark nj and the market im in lends to a lot of low income housing and areas that are prime for renovation but taxes here are around 5k and up (essex county). however there are some gems to be bought using the BRRRR strategy would definetely be ideal. if any one would like to help me understand how to properly use the calculator or at least show me what they put into the calculator for a property near me i would be greatly indebted.also my days off are saturday and sunday if anyone would like help with anything in my power id greatly help to earn the knowledge that would be bestowed upon me.i hope everyone is enjoying this weather btw i know corona is still around but i hope everyone is in good health and spirits.

The neighborhood simply is not ideal for a flip.So if it is not a flip it could be a decent B&HNow, if it is a B&H do not make things complicated.

In the mean time attend real estate networking events in your area, you might actually meet someone in one of those events that will be ideal for your ambitions.

The ideal would be a double close.

Finding those 60s or 70s properties owned by the same person sounds ideal for value add opportunities.

It isn't big enough for raising a family, but it would be ideal to someday work as a rental in an area with exceptional rental value.

That is an ideal set up @Darren Eady thanks for the info.

Probably not entirely ideal, but if it is your only option to make this happen, it is ultimately your responsibility to decide if whether or not the numbers make sense as to whether or not you can swing a payment on a $20,000 loan at high interest in combination with your new mortgage.