Renting to Section 8 Long-Term TenantPurchase Price = $250,000Renovation Cost =$3,800Appraised Value = $270,000Monthly Rental To Section 8 Tenant = $2,800Monthly Mortgage Payment = $2,100Monthly Reserve for Maintenance and CapEx = $200Monthly Cash-flow = $500Another investment property was closed and added to my rental portfolio.

They cost slightly more than the normal permitting process, but I usually have permits in hand in a week or less.My GC is has some experience on Coronado, if you would like I can connect you, so you can get his opinion as well.

I'll DM you and make the connection.

Keep a close eye on interest rates and cash flow projections to ensure these strategies align with your financing plan.

As always, read ALL the terms before you sit to close.

@Paul Whitney definitely connect with @Jackson Harris and check out Phoenix, AZ if you have not already!

We will monitor the trend closely to see if it is a data glitch.Rentals - Availability by MonthThe number of homes for rent had a significant decrease MoM, in line with our expectations.Rentals - Median Time to RentMedian time to rent decreased significantly in January, in line with our expectations.Rentals - Months of SupplyAbout 1.3 months of supply for our target rental property profile.

We took about 14 months to close this deal and the seller was very generous on keeping the price low.

VA loans are the only loans that allow this, and there is no rate penalty for it no longer being your primary home.With that in mind, you could do a cash out refinance today at a higher rate than current market rates which will create profit on the loan, we can take that profit to pay for your closing costs.

If you want to connect buyers and sellers together get a license.New York has the most stringent rules for real estate.