Here in Florida, our most common contract states:"Buyer will pay cash for the purchase of the Property at Closing.

Would need to use a home equity line of credit to purchase.

Purchase price: $46,000 Cash invested: $38,000 Sale price: $68,000 Live in fix and flip, admittedly the cash for deposit was a gift, leaving me time to live in It and fix things up.

I have a client who purchased a triplex in Albuquerque.

Just wanted to hear from the community and get some other perspectives.I recently purchased my first home, its a duplex.

I am looking to purchase a single family short term rental and put in LLC.

While an appreciation play makes perfect sense to some (ie. if you see the price of your newly purchased house increase by 3.3% a year, in 3 years you will have gained 10% equity - which would be $20,000 on a $200,000 house), you have to be in a position to sustain that purchase.  

It comes down to this: How quickly and easily do you think you will find your next purchase?

Purchase price: $213,000 Cash invested: $13,000 This is a Townhouse located right outside of Forman university.

This is important because the financing will dictate where you may & may not be able to purchase and could help you narrow down which route you'd like to take.