The Meadowbrook Dr SE property was successfully sold on 11/15/2024 for $249,900, showcasing the effectiveness of Partner Driven’s approach.

Unfortunately, there is no one size fits all approach.

this is mission impossible.. although you might have some fake lenders approach you looking to steal up front money from you.. so be careful. 

I’m interested in understanding if a smaller down payment might be viable, or if 25% is generally the best approach to maintain a strong financial foundation.Thanks again for all the valuable information—this has been very helpful.Best regards,Liam 

Break even today, cash cow in a few years type of an approach.  

So how do you normally approach these conversations when you are negotating.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

Alternative strategies: Are there techniques or approaches better suited to markets like this where rents are so low relative to property prices?

Listen to the BP pod cast show number 77 and there is some good info on approaching sellers. 

I recently learned that income earned through Airbnb often doesn’t qualify as eligible income when applying for a second mortgage.For those of you who’ve used Airbnb as part of your house hacking approach, how did you navigate this issue?