There are wholesalers in every major city in the country and they are buying at 70% to 90% of value all day long, every day of the week.

It has taken me time and I am ok with building long term wealth vs spendable dollars today.

What lenders did you use for refinancing, and what terms did you get?

@Parmesh P. there is no such TDA paying 7% or even 6% long term,5 years or longer.

That said having the right tenant goes a long way.

Especially since I’m already the one choosing rates/terms. 

This is a very long discussion and would need to ask a number of questions - we work with investors from many different countries. 

Students tend to sign year-long leases, and if you price it right (maybe even rent by the room), you could see solid returns.

I am considering getting into this space (looking at some courses), but worried that its too late, and that deep local market knowledge/understanding of buyers/connection with developers etc is required to make this work, which only incumbent/long term investors will have and would be hard for a new entrant starting from scratch to catch-up...is my hypothesis valid in your opinion ?

Thankfully the lender talked me in to a 24 month term as it took us the entire 2 years!