The rental market has slowed in recent months but expected in winter.

The issue I see is that market has historical appreciation below average (not bad, but slightly poor).  

However, if you’re running an investment group in another market, we’re open to licensing it or finding a way to make it work for both parties.If this sounds useful, DM me or comment below, and I’d be happy to share more details!

Yes - and even when its out there its typically impossible to qualify (need high rate and high DSCR and typically would have to qualify as a LTR - so almost a unicorn or in a really bad market)

I think you have the basics of meeting partners and people to work with in your local market and seem to be well on the way with two deals going already so big congrats there!

Luckily the market had moved in his favor so he was able to sell and didn’t lose that much money.

If market appreciates you can get a HELOC on it or cash out refi in a few years to scale faster.

Josh, we are entering a period where the FED has came out and said rates are coming down.Based on decades of data, during market cycles when interest rates are decreasing, asset prices rise.

With $15-20K liquid, focus on lower-cost Midwest markets where down payments stretch further. 

I’m looking for insights on how to put together a deal with the following details:Asking Price: $260KMarket Value: ~ $265KProperty Details: 3 bed / 2 bath / 1,400 sq. ft.Days on Market: ~100Loan Type: VA Loan (Attempting a VA Loan Assumption)Mortgage Balance: $200KThe ChallengeThe seller is behind on mortgage payments, and while I don’t have an exact amount, the agent mentioned it’s over $20K.