Purchase price: $12,500 Cash invested: $130,000 Sale price: $204,900 Purchased home and completed a complete renovation of the property.

On a recent home purchase, I submitted an offer and I was told there were no offers on the home when I submitted mine.

@Stephen Dispensa It was quite overwhelming when my broker first told me how much the property tax will jump once I purchase vs what it is now.

Investment Info:Mixed-use building Purchase price: $405,000 Cash invested: $20,250Mixed use investment. 2 residential units with 1 storefrontWhat made you interested in investing in this type of deal?

The Tampa Bay area is more than likely not your market with those buying criteria.You will have to put meaningful sweat equity and be creative in your leasing (MTR, rent by room etc) to produce a 3bd SFH  <200K purchase price that cash flows. 

You can also purchase inside of a LandTrust for additional anonymityPro- Legal protection; combined with the right type of insuranceCon- Traditional bank will not lend to an LLC with no track record. 

House Hacking is generally the one situation when purchasing an investment property can be done without positive cash flow.

@Jeffrey Albaum @Christian StylesMy flipping biz does ~20 projects a year and we track everything post-purchase in QuickBooks Online. 

Your offer to purchase should include a requirement that the Seller provide all documentation and agree to sign an estoppel certificate (also called an estoppel form or agreement).

I purchased 2 homes from Bennah Oaks almost 3 years ago, delivery was supposed to happen early  2022..