The benefit to buying cash and refinancing later is that you can close on a property quickly, which works in your favor in competitive markets.

One unit was rehabbed with $15,000 and a new leaseadded at market rent.

I appreciate the encouragement—I'm excited to learn from and connect with investors in this community.Right now, I’m primarily focused on house hacking in the LA market, but I’m open to exploring out-of-state opportunities later in my career.

Lenders do not look at your personal income or debt and will use the current market rent or lease (up to 120% if the lease is significantly higher than market rent or vice versa) as qualifying income.

To find value on residential 1-4 unit properties you could ask your realtor to run comps or complete a CMA(Comparative Market Analysis) on a subject property once you find it.or you can find the value on your own.We use prop stream to run comps. 

I see off market properties weekly, talk to investors both new and seasoned daily and I am actively buying myself.

Try networking locally with HML's who know the market. 

Purchase price: $85,000 Cash invested: $60,000 My initial strategy for this deal was to flip it and sell it, but the market was unfavorable so I opted for the BRRRR strtategy instead.

Mine have appreciated off of the charts in the Charlotte metro market.

I'm a local realtor and would love to connect and chat about the local market.