Single Family4 Bedrooms, 2 Full Bathrooms at purchaseAsking: $75,000Purchase Price: $42,500 CashRehab: $70,000Closing & Holding Cost: $5,000Total Cost: $117,500Projected Appraisal: $125,000Cash-Out Refinance LTV: 85% ($106,250) leaving $11,250 in the dealAppraisal: $142,000NEW Cash-Out Refinance LTV: 85% ($120,700) taking out all capital invested as well as pocketing $3,200.5 Bedrooms, 2 Full Baths After renovation Cash flows $600 per monthThis deal turned out to be great thanks to that extra appraisal amount and my conservative ARV I was shooting for.

The short answer is yes and the long answer is you should shoot for making up the cost of the loan and points within about 3 years so if you keep it for 7 then you will have 4 years of additional cash flow.

. $200,000 shoot that's a little outside my budget, have you thought about listing on market?

If you'd like to learn more, please shoot me a DM! 

What did happen was some terrorists were arrested a few miles down the road for shooting machine guns and blowing things up, but I wasn't wanting to sell to those types.Oregon NewsTerrorist plot unravels at rural Oregon ranch https://www.oregonlive.com/new...I hear they have re-branded themselves as ANTIFA and moved to Portland.

Do you prefer to shoot for appreciation?

Please shoot me a private message if you'd like to discuss.

@Zach Gring I'll shoot you a message with the referral! 

@Floyd Mcguirk sure, shoot me a message

I'll shoot ya a DM