Purchase price: $690,000 Cash invested: $35,000 Contributors: Daniel McDonald After years of research and a few months of searching, I finally house hacked a two-family in Peabody!

Purchase price: $300,000 Cash invested: $10,500 My first investment.

During refinance, in the option of exiting, she would have to bring to the table around 36K (176K less 140K purchase price).

If you decide to proceed with the purchase, make sure you inspect the property very well, top to bottom......OR.....There may be NOTHING wrong the the property and the Seller wants to sell it vacant so that he gets top dollar. 

@Sam ChicquenSam, little late to this but I’m an investor/agent based out of Tampa Florida.I like Tampa and the surrounding markets for its cash flow and appreciation potential.There are still a ton of mom and pop investors that own commercial multi (5+) and I’ve had some good luck connecting with these owners and purchasing from them.The last deal I did was a commercial off-market value-add multifamily and was able to secure seller financing.Downside is flood insurance has gone crazy down here and can really kill some deals.Happy to help you with your search.

Everyone has different purchase points. 

That ensures you don't spend it on other things and know exactly how much you have to spend on the next purchase.

My husband and I were looking to purchase a house in Mountain Home, Arkansas. 

If for example each lot is $50k and the cost to build the road is $5k and selling costs is $3k and $1k cost to hold the additional lot then you get $1k for the effort and risk of the purchase.  

Contract is a normal purchase and sale.