Although i have positive equity and the value of the house went up I’m breaking even with no cash flow.

Considering that “track record” is an issue, our first deal will probably be stabilized with day one cash flow.

Saying that, we are only interested in buy-and-hold investments that offer positive cash flow upon purchase and some minor non-structural reno's. 

Networking was excellent.

Obviously wholesalers is a main way but 9 out of 10 times you will need to pay with cash or HM and probably won’t have an inspection or option period.

Purchase price: $268,750 Cash invested: $60,000 Sale price: $430,000 Contributors: Peter Vekselman Partner Driven, in collaboration with MH Property Solutions, successfully completed a fix-and-flip on N Deerview Dr, Lake Villa, IL 60046.

Purchase price: $268,750 Cash invested: $60,000 Sale price: $430,000 Contributors: Peter Vekselman Partner Driven, in collaboration with MH Property Solutions, successfully completed a fix-and-flip on N Deerview Dr, Lake Villa, IL 60046.

Purchase price: $268,750 Cash invested: $60,000 Sale price: $430,000 Contributors: Peter Vekselman Partner Driven, in collaboration with MH Property Solutions, successfully completed a fix-and-flip on N Deerview Dr, Lake Villa, IL 60046.

Back in March, the Administration announced a:$10,000 cash tax credit for many homebuyers, and a$10,000 cash tax credit for some homesellers.Highly inflationary.

Will 300 a month for maintenance/vacancy with 150 cash flow be okay for this property?