Hey William, congrats on saving up a good bit of capital to work with.What market are you planning to target for BRRRR's?

Negotiations centered around securing a favorable purchase price, which we achieved through swift decision-making and leveraging our experience in evaluating properties for fast resales.

Quote from @Chris Seveney: Now to rant - it’s great to have a goal, but start with one and see how it goes…. start with one that is achievable and see how it goesI modified it ;)  $400K a month is not realistic especially to start with.

Risk Mitigation: Highlight how you’ll mitigate risks, whether through market research, contractor selection, or conservative estimates.Philly B Class Areas:Since you're targeting B Class areas, which typically have stable rental demand but may need some renovations, a structure that combines monthly interest with a lump sum at the end may appeal to lenders.

Good morning "Upstate" crew,I originally posted this in the wrong thread (I think) so I'm reposting this in the Upstate NY group to better target the Binghamton area.

It seems like other than capex that the landlord is responsible for (typically roof and HVAC) there aren't many reasons why I wouldn't achieve the broker's forcasted NOI. 

The only way that many can achieve the American dream of home ownership is by having an investor like yourself available to make it happen by loaning them the money needed and securing a lien against the mobile home.

That cash flow meets my investing criteria/target.

I recommend creating content that speaks directly to your target audience—your investor avatar, those individualsinterested in alternative investments and passive income.

Hi Wayne,Other neighborhoods to consider are the following: Near Eastside: This area has been seeing redevelopment and could offer good opportunities.Irvington: A historic neighborhood with a lot of charm and potential for renovation projects.Garfield Park: Another area that's been on the upswing and attracting investor attention.Mapleton-Fall Creek: This neighborhood has been targeted for revitalization efforts.Riverside: Close to downtown and has been seeing increased interest from buyers and investors.Reach out if you'd like to talk about financing options!