Originally posted by @Eric Barnett:@Dusty Lewis you should come out to our South Austin Meetups, this month will be Tuesday 7/17 at Serranos in Southpark Meadows (Slaughter and I-35). 

The other is the seller having a smaller mortgage on the replacement property or properties.To begin with, for your original property, you have the original basis, consisting of the original price, land/building ratio, accumulated depreciation on the building and improvements.

No closing, origination or 3rd party fees.So I see it as follows.

Originally posted by @Tyler Mullen:@Matthew RobertsWhat's your plan for this property, is this your forever home or you plan to sell it in 2, 4, 6 years? 

Originally posted by @Victoria Woodley:My husband and I have no shortage of deals we have found in our market.

Hello my name is Cedric I’m a New Investor Looking to put out signs, put up lockboxes, check on properties, perform any menial work necessary for investors or agents in exchange for experience/knowledge.Thank You for the opportunity!

Originally posted by @Nathan G.

Purchase price $ 510,000 Purchase Closing Costs 10,200 Estimated Rehab Costs 5,000 Total Project Costs 525,200 Downpayment (36.9%) 188,000 Loan Amount 322,000 Loan Interest Rate 5.250% Total Cash Needed 203,200 Gross Rents 61,440 Monthly Rental Income 5,120 Expenses Advertising 25 Gardening 66 Insurance 250 Management Fee 512 Pest Control 50 Property Tax 638 CapExpense 512 Security System 280 Vacancy 512 Total Monthly Expenses (55.6%) 2,845 Monthly P&I 1,778 Total Cash Flow 497 Performance Metrics Monthly Cash Flow $497 Cash on Cash Return (ROI) 3.17% DSCR 1.28 Purchase Cap Rate 5.35% Proforma Cap Rate 5.20% 1% Rule 0.97%

Originally posted by @Bernard Reisz:@Yonah Weiss Appreciate the tag and glad to chime in here.

Originally posted by @Joshua D.