My main goals with these initial projects are:1.Gaining valuable insights into the local market.2.Getting hands-on experience with out-of-state investing, particularly when it comes to remodels and managing from afar.3.Testing the entire BRRRR process to see if it’s the right strategy for me long-term.If all goes well, I’d love to scale up and explore multi-family projects.

Same day auctions of course are not going to be possible for a lender to lend on the initial purchase but you can often get the same hard money purchase terms right after closing if you're able to buy in cash

Not a ton of value-add opportunity, more of a core+ investment in a very small market I'm familiar with - my initial analysis is yielding a 14% IRR & 1.28 EM, so I'm not sure of the attractiveness to investors.

Thanks again to everyone who is reaching out I feel confident that I will be able to move forward with at least one of the contacts made since my initial denial. 

While initial rehab costs and CapEx reserves impact short-term returns, they are essential for maintaining property value and securing reliable income streams.Recommendations: Experienced Investors: Fourplexes are ideal for those seeking higher cash flow and economies of scale.

What drew me to Detroit initially was the potential for strong cash flow, but I’ve also seen appreciation in several of my properties as the city continues to improve.

Any such study is tainted by the fact that Zillow lost an enormous amount of money on their own home buying initiative.

The Initial Filing:Any existing business not excluded must begin to file in 2024 via the FinCen network filing process.

Initial Financing: Used a hard money loan (HML) with 10% down, interest-only at 10.95% for 1 year.

Our initial thoughts have been to look up in New Hampshire, specifically the Lakes Region or up near Conway.