The two part rule is that you must purchase at least as much as you sell (the 200K net sale) and you must use all the proceeds (120K) to do it.   

I hear quite often on these podcasts getting properties @ the 70% rule is the guideline you shoot for for flipping houses.

If you haven't been using it, look up the 50% rule here on BP.

Because if you take the rule above about how much you can borrow total, you now have to subtract your highest balance in the past 12 months from that amount.So if you were actually able to take out $50k and borrowed $30k but have now gotten a windfall 6mo later and paid that $30k off but wanted to take another loan against the 401k at the 9mo mark, the max you could take would be:  $50k - $30k (highest balance in the last 12 mo period) = $20k.

I could probably get 100 more on each though.Purchase Price: 320,000Monthly Income: 2,750Monthly Expenses: 2,272Monthly Cashflow: 477.15NOI: 20,040.00Total Cash Needed: 71,000Cash on Cash ROI: 8.06%Purchase Cap Rate: 6.26%Other Information:Closing Cost: $3,000Estimated Repairs: $4,000 (I Just put this randomly, it was recently renovated)Down payment: 64,000 (20%)Amortized: 30 YearsLoan Interest Rate: 3.80%Monthly P&I: 1,192.00Total Operating Expenses: $1,080.00Mortgage Expenses: $1,192.85Also using 50% rule it says my cash flow will be 182.00 per month.Not sure if you guys need any more information, I am hoping this is enough info to share to see if it is a good deal or not or if the numbers make sense.

If you only had $20 dollars in your pocket and had not eaten in 2 days, I would advise you to buy and listen to Grant Cardone's audiobook "The Rule of 10X", instead of wasting your money on food.  

General Rule of thumb to use for SFR, but can be a quick guide for what you're looking at..1% for A neighborhoods1.25% for B Neighborhoods1.5-2% for C Neighborhoods2+% for D Neighborhoods.Not sure of the exact location, but I would venture to say you're probably in the C range in Madison and the way she is charging tenants/ vacancies.As-is with vacancies I would estimate $390,000.Completely Occupied / No major deferred maintenance $590,000.I'm curious to see other peoples thoughts on this too..

That one gives me $100/unit/month profit after the 50/50 rule. 

Hello All,I am new to the forums, so please don't attack me if I'm asking the stupidest questions. I have been reading Brandon T.'s book on "Investing... No Money Down" but I haven't yet networked enough I think and I...

Have not seen it in person.4 Bed/ 2 Bath - Single Family 2 story HomeBank Asking: $90,000ARV: I came up with an ARV of $222,000, but I put it as $180,000 in the Calculator, I am being very conservative.70% Rule: $180,000x0.7 = $126,000Repairs: $40,000Purchase Price: $86,000Holding Cost Per Month: $735.33Closing Cost: $3,000Total Days Held: 120 DaysTotal Projected Pre-Tax Profit = $36,000.55ROI = 56.83%Total Cost of Project = $129,000Total Monthly Expenses = $735.33 (Includes Mortgage Payment)Down Payment = 20% = $17,000 @ a 3.8 Interest Rate for 30 yrs.This is what I have, not sure if you need anything else.