Did it work out in terms of cost, payoff, and nuisance factor?

(Tenacity meets major learning curve.)I bought PropStream after an intensive REI 7-day Webinar where they highly recommended PS.

We believe the deal is good enough to work out.

Yes, that means moving once every 12-24 months, but for a short and intense period of time. 

I tell them if it continues to work out,  I will offer renewal.

What would  a 220k duplex that rents for 2200 mo work out with your equation. 

@Jaci Sattler when you cashflow will depend on the Property Class you target and how INTENSE & patient you are in looking for an acquisition.Many new investors think they have to pay close to market price for a rental.

Sometimes it’s the hard money lender sometimes it could be someone elsePlease also note most hard money lenders also can seek a deficiency judgment which is the balance owed on the loan after it is sold at saleIf you are a borrower you can also work out a deed in lieu which is when you give it to them without going through this processWe recently received $200M in these types of defaulted loans to bid on, so we are starting to see and uptick in defaults.Memphis area had over 50 on the list.

It really depends on the exact location; if the MTR is closer to WEC/HITS, it may work out great.

This seems like it may be the least intensive, and one of the more affordable options as you qualify for more optimal loans if the house serves as your primary residence