It's all new, growing rapidly and Savannah and HH are nearby.

On the other hand, if you're NOT expecting a rapid equity increase - why do you want it?

I own a lot (and a house) in Canadian Lakes, Michigan, a resort area 50 miles north of Grand Rapids.

That's a large reason why San Francisco is rapidly losing it's child population and has the lowest percentage of homes with children in the entire U.S.

We live in Grand Rapids, MI and are pretty familiar with the Kalamazoo market as well.

The numbers you use to buy a place can change rapidly and cap ex vacancy and maintainance are all at best a guess so how accurate is your or my Coc number any how??  

I'm getting closer to doing another deal since I've found a way to identify rapidly appreciating markets.One thing for sure, Tayor, NEVER figure the current value of a property based on "pro-forma" (what it will do in the future).

After they are finished, they refinance the home (which reduces the cash flow considerably) but makes you liquid enough to purchase more homes and rapidly expand your rental portfolio.

(simply curious) Managing is not that hard and it will rapidly expand your real estate knowledge and prepare you to take on a manager in the future.

Hey, can anyone recommend a bank or lender that does cash out refinancing very rapidly where you don't have to wait  6 months to a year?