I’m getting re-acquainted with the BP community after purchasing my first house hack in the Pittsburgh area, and would love to make some connections with other like-minded young professionals and investors in the area.And if there’s anyone out there who’s just getting started and looking to make the jump to buy their first property, I’d love to offer up advice, share my network of contractors in the area, and answer any questions that I can from my experience over the last 6 months!

Future enhancements include the planned Silver Line rail alignment with nearby stops, as well as potential commuter bus services, pedestrian paths, and bike lanes.The development benefits from proactive rezoning by the city, transitioning the land from industrial to mixed-use urban development.

Any amount you purchase less than you sell, or any amount of cash you take out is considered to be profit. 

Quote from @Mike Pak: I just purchased from Josh Gilmore and SDIRA wealth.

There is roughly $20,000 left in rehab including windows, floors, a new kitchen and bathroom. 

Hi Yinon, Most DSCR lenders will not typically require you to have a lease in place if the property was recently renovated or purchased.

@Lambros Politis2.1MM purchase, 300k gross, 30% expenses seem extremely hard to find.

Purchase price: 3.

Off-market deals help you avoid this by giving you the opportunity to negotiate directly with the seller and secure a better price.Underestimating Repair Costs – Make sure you account for all repairs and renovations when purchasing a property.

Include balloon payment after 5 years.