All Forum Posts by: Jake Guhy

@Tyler Neison I've looked into new construction STR options out in East Louisville (Valhalla/Polo Fields areas) & struggle to make the numbers make sense (due to lack of demand) vs MTR/LTR. With option 2, the low DP, primary rates, and potential to eliminate capital gains by living there 2 years (if you for some reason choose to sell) are all big advantages.

Though, you can likely get stronger cash flow, appreciation, and STR potential by buying closer into town, especially with a little bit of value-add.

Happy to chat more and see if there is any way I can help!

Several great options and I'm happy to help!

@Chris Roche Shoot me a note and we can talk more about the market.  

[email protected] or (270)-804-9273

@Jake Stevenson - Hey Jake, I'll DM you with a few recommendations for lenders in the area that I have used for clients and personal deals.

I always tell people that (1) responsiveness is most important (they will send you that last-minute pre-approval when you have a property you are interested in, pick up the phone for a question, etc), and (2) knowledge of loan types, programs, and requirements so that you can know everything up front instead of getting hit with unexpected hurdles throughout the process. 

Lenders are having to get creative these days and there are some unique loan products out there right now that I've never seen before that are keeping people in the buy box. 

Hey Carson, happy to connect to talk about the Louisville market and share RE experiences. Shoot me a DM 

@Asher Pearl - Happy to help! Agent & investor in the Louisville market - mostly focused on flipping, SF BRRRRs, small multi and STR. Let me know if you'd like to connect.

Investment Info:

Single-family residence buy & hold investment.

BRRRR in Richmond, VA.

Investment Info:

Single-family residence buy & hold investment in Richmond.

Purchase price: $175,000

Buy and hold property that was a house hack and is now a long-term hold in the appreciating Manchester neighborhood in Richmond, VA.

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Louisville.

Purchase price: $143,500
Cash invested: $25,000

Value-add duplex that will be refinanced and held for a long-term rental with $10-15k of capital left in the deal.