Credit companies report balances at the end each month after a statement has closed.

High risk since most fail, but big rewards. 

Purchase price: $65,335 Cash invested: $32,301 Sale price: $197,500 Was my second BRRR investment but ended up selling the property to move into a larger one.

This might not be realistic if you're going to build several homes, but I've worked with other developers that were either building custom homes or doing high end rehabs that used them.

If you do end buying, you can price your property at a higher rent than what you used to do your analysis. 

I would agree with Chris, I would not use debt to cover all costs and then hope to get a good pop on the sale to cover all the debt, payments and still have some in the end to make a profit to do it again.

Airbnb can get you more high value bookings if you're property attracts those. 

Long Beach is so fringe oriented and prices are so high that it is pricing out the low income people out.

.* Refinancing issues at the end of the Balloon Payment?

@Jinglei ShenThe insurance of $1,400 a year seems pretty high in my opinion.