Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate News & Current Events
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 8 years ago,

User Stats

69
Posts
9
Votes
Stanley Dean
  • Rental Property Investor
  • Burtonsville, MD
9
Votes |
69
Posts

Finiding lower priced homes within the boundary corridor

Stanley Dean
  • Rental Property Investor
  • Burtonsville, MD
Posted

Hi All- Great BP members u all rock in providing meaningful insight to newbies wanna grow in REI

My Topic for discussion is Finding lower priced homes within the boundary corridor of my living location in Burtonsville, MD within 45-1 hr away and priced in 40-50$ range for duplex n triplex mainly for Cash flow investments and having long term rental potential.

I like to know what are the resource and characteristics to find properties within 45-1 hr min from my location in Burtonsville MD so I can get low priced homes with much rental potential and get in a low range of 30-40k so I leverage for more homes to grow. As the homes here where I live are quite expensive in my neighbourhood. That makes amassing properties at a slow pace as needing 20-25% down and then u run out of traditional financing methods after 6 and then need to seek Portfolio lending and such or seek out if any offmarkets and use hard money for cash buy and then refi. With the rate rise on the horizon buying with down payment can eat into cashflow and might not bring good CAP rate.

Please advise,  Thank you.