MTR - Phoenix Area

[Anna Keel]

I recently visited Phoenix to look at investment properties.  Based on running some #s, I think it will be difficult to find a property that will initially cash flow with a LTR. Therefore, am running my #s based on an MTR strategy. Is there anyone currently MTR-ing in Phoenix/Chandler/Tempe that would be open to a quick chat? 

[Allie Pfannenstiel]

Hey Anna,

Interest rates are really fudging up cash flow on properties here in the valley. I have seen a few deals with a small amount of cash flow, but not enough that would make me write a check. House hacking seems the best way to go currently in this market. Unless you are able to assume another sellers low interest loan or get some sort of creative financing done to make a deal.