All Forum Posts by: Vincent Dicristo

Sounds like way to long of project and a lot of risk with a big rehab for only a 20,000$ profit.

Welcome! 

You need MLS access.

Thanks for sharing your stories, they teach me a lot!

Nice! 

Is it possible to maintain renters for a majority of the year? 

Not quite sure if there's a way to find motivated sellers on a regular basis for free. I've heard of people door knocking and stuff like that to try and get deals, but I've never heard on whether it has any success of not.

Will Barnard thanks for the information! Yes I am asking out of curiosity just to see what type of returns you guys are receiving. I see what you're saying though, how some people invest for the appreciation while others invest for the monthly cash flow. My question was directed mostly towards what everyone is getting/looking to get yearly for cash on cash return per property on the money invested into it (not counting appreciation) not that I was going to assume that's what I would be getting as well, or using it as a rule of thumb necessarily.

Richard C. I see, that makes sense. Do you use a traditional 30 year mortgage for financing your properties?

Welcome Allison.

Richard C. 10-12% counting the capital invested in the rehabs?

Gualter Amarelo do you mind me asking what interest rate you pay on the 3 family that is 95% financed?