Local Buy & Hold Below $45K

[Jarrod Weaver]

Recently I've had multiple conversations with new investors who are tempted to purchase homes that would be financial disasters simply because they are having a hard time finding decent cash-flow opportunities.

The problem isn't that they can't find a deal - it's that they are looking in the wrong areas. Anyone with a pulse can find a retail property, but a retail purchase will likely be your first and last "investment".

Investing is competitive and you have to bring your A game. Seek the properties that others don't want and work your competitive advantage to make the deal viable. If you aren't sure what your competitive advantage is it's essential to figure out before moving forward.

Right now there are 3 HUD homes available each priced below $45K. Prime properties for a buy & hold using the BRRR method. For new investors looking to house hack their way to prosperity, ther's FHA money available with only 3.5% down for owner/occupants.

Live in it for a year while completing the rehab, then on day 366 turn it into a rental and repeat the process.