No matter what you don’t ultimately want to pay for a tenants AC or Heat because they have no incentive to conserve it.

Pro tips: Boost credit (aim for 670+), get pre-approved, find a savvy lender, and get creative—think home equity lines or teaming up with an investor.

I also thought 2BRs/3BAs were the ultimate choice for a rental.

These efforts boosted the property's value, leading to a successful sale at $390,000.

These efforts boosted the property's value, leading to a successful sale at $245,000.

Jay,Your comment has me thinking someone could make a private social network where newer flippers can find hard money lenders, and their profile can include assets, experian boost (or experian connect) type of data (Experian boost connects to bank accounts to show financial stability [good for marketing data!])

I'll take a stab at this your LLC is 1 new, Think of this as a person with no income no credit history and no assets.Do you think any bank will loan on these terms granted you and your credit will ultimately be the co-signer.

My ultimate goal is CASH FLOW (comp rentals $4200/month).Doing the deal cash provides the most cash flow but I would like to BRRRR and recycle that money into another property down the line and grow my portfolio.Thoughts?

There are cases where certain portions of the NNN Expenses are capped at increasing more than a certain amount over the previous year which is another thing to take note of when purchasing an existing asset because if the NNN's are capped then the owner runs the risk of absorbing a portion of the Operating Expenses which ultimately kills cash flow. 5.

Is there not a way to boost that without charging junk fees and using VA's?