Hello fellow investorsIs buying a negative cashflow deal good if the IRR (Internal Rate of Return) and Cap rate are decent?

I pay attention to our competence, responsiveness, effectiveness, and other internal metrics. 

I specialize in bridging the gap between national & international investors and builders...basically, providing a turn-key process for identifying, purchasing, & managing cash-flowing properties.

I didn’t change anything for my SFH except add an internal door so it is all legal.

Call their referencesObviously you have to be extremely by the book in terns of equal housing opportunity...From there, when you sign the lease, expectation setting is big.

I specialize in bridging the gap between national & international investors and builders...basically, providing a turn-key process for identifying, purchasing, & managing cash-flowing properties.

.$300M Huntington Place Renovations & New Detroit Hotel https://www.crainsdetroit.com/real-estate/huntington-place-renovations-new-hotel-deal-reached$200M Chase Investment in Detroithttps://www.axios.com/2023/09/28/detroit-rebound-jp-morgan-investment$44M Investment, 237 New Jobs: Bollinger Motorshttps://michauto.org/bollinger-motors-plans-44m-metro-detroit-investment/$21.5M Investment for Detroit west side Dexter Neighborhoodhttps://www.clickondetroit.com/news/local/2023/11/01/neighborhood-on-detroits-west-side-receives-more-than-215m-in-investments/$20.6M Investment, 186 New Jobs: BorgWarnerhttps://www.crainsdetroit.com/auto-suppliers/borgwarner-invest-206-million-create-186-jobs$11M, 200 New Jobs: Volkswagen Scout Brand Investment in Detroithttps://www.teslarati.com/volkswagen-scout-11-million-detroit-investment/New Detroit Developments to Be Excited Abouthttps://www.metrotimes.com/detroit/15-new-detroit-developments-to-be-excited-about-photos/Slideshow/32734721/327353923 International Companies Choose Detroithttps://www.detroitregionalpartnership.com/international-investment-comes-to-detroit-region/6 New Residential Developments in Detroithttps://detroitisit.com/6-new-residential-developments-in-detroit-to-know-about/Contact us with any questions you have.

Virginia requires a professional license, not necessarily an attorney- a title insurance company, RE Broker, or financial institution might help you.As to your in progress HELOC you have another problem- if the lender does any physical or interior inspection they won't lend to you.

Cash will be getting progressively tied up in debt funds, small cap growth opportunities, international investing,  basic S&P and some held for a short-term debt basis to enter CRE. 

This is a great time to update your lease to (a) a month-to-month contract, so that you can ask anyone to leave if they are messing up the feng shui, and (b) add a non-smoking clause.I have written extensively on the merits of MTM leases here on BP, so you can read about my rationale if you'd like.Here's my non-smoking clause:SMOKING: Smoking is prohibited inside your unit or in any interior common areas.