If its a total gut, that changes things...but if it's bought right...Rehabbing will likely be your best bet. new builds set the price premium in every zip code I've ever studied. in addition new builds don't take 9 months. we just built a house in 60 days. we wait till permits are approved and shovel ready, investors buy land cash, entitle, contracts, negotiate with financing, place financing when we are ready and break ground. but we build the same over and over and don't go outside our Floorplans  

If she wants the more expensive ones again, give her the cash and she can apply it towards the cost of the more expensive version.

For those not purchasing with cash, assessing income or cash flow can often come down to the terms of the mortgage financing for an AirBNB or Vacation rental. 

It is common to offer above asking price to sweeten the pot as many owners would simply rather collect the cash upfront.What makes it a desirable offer structure?

If I were to open up a separate real estate bank account, I would then have to add funds consistently from my W-9 job - which in my opinion begins to blur these two accounts together anyways.Should I still open up a separate account for this first house hack, or wait until I buy the 2nd property, which would provide consistent cash flow that will go directly into that account?

Save your cash...

•Recently, I completed the cash-out refinance and received $103,000 from the bank.

I currently own 18 single-family homes in the same area (1.9m value, Cash flow avg 320 per unit).

BUYER MAY TAKE “SUBJECT TO” IF THEY ELECT TO DO SO.Government guaranteed rentwhich is exempt from rent control.35% Upside in the RentsNostalgicbuildingin great downtown Oakland area near Lake MerrittExistingCap9%,Market Cap14%ExistingCashonCash Return13.5%MarketCash on Cash Return25%Existing GrossRentMultiplier7.6MarketGross Rent Multiplier5.6HighgrowthcityandareainfluencinggreatappreciationpotentialNodeferredmaintenance-EasyManagementStrongRentUpside.TroublefreeincomeandmanagementOpportunity Zone

Jose,If you can rent it out and it cash flows and not just cover the mortgage then I would advise renting and buying a new home.