Even better if you buy 2-4 units, live in one and rent the rest - then repeat every 12 months.

Interest rate 3.8% In short this is how you do it...Find a flip opportunity, use hard money or what you got to buy, rehab it, re-finance it, boom.  

Interest on a loan used to buy or improve a rental property is ALWAYS deductible against that rental property.

@Shannon Leckinger what would be your goal with the STR that you want to buy? 

Because they buy into the dream the guru promotes?

Most buy the entry level SFH because its what they are qualified to purchase.  

I am buying a duplex about 80k under what it will appraise for.

I ask because we only buy houses around the southern US (TX,OK,AR,TN) but we're curious to know if more opportunities to buy foreclosures could potentially exist in other markets. 

Hi, We're looking to invest in properties in Detroit preferably with the BRRRR strategy. We would love to work together with a organization that sells the property and has services like rehab network, financing, prope...

The biggest question you need to ask yourself is if you are doing this to afford a property you otherwise couldn’t afford or to save money period, that will lead to very different conclusions about where/if to buy.