Updated almost 7 years ago on . Most recent reply
Cashflow Question whats a minimum to aquire
I was doing calculation on a property I bought to flip. The rehab part came a lot over budget but I was able to get away with keeping it at around 75%. I have a choice to do BRRRR or Flip. If I go the BRRRR Route my Cashflow will be around $63/month. Its low but I will have pretty close to zero dollars. I will however need to maintain 6 month reserve of PITI in the amount of $4312. So not sure what direction to take this. Am I missing something?