As a broker, I can provide insights on the best undervalued properties in the Charlotte area and connect you with Compass’s tools that streamline the renovation and resale process.Let’s connect and discuss how to make your next BRRR deal smoother and more profitable.

The best projects I've seen from my desk are folks who are doing hyper-targeted, well-researched deals that are generally in higher cost of living (there are exceptions) areas. 

I would want to make improvements to all units and increase the rent to market value when the renovations are completed.

Purchase price: $120,000 Cash invested: $370,000Completed a co-living new construction project in St.

Though DSCR gives you a better picture of how the property is projected to perform vs debt service, you can't rely solely on one measure to make a purchase decision. 

Hey @Dalton Foote - I highly suggest  using a renovation loan and house hacking a multi-family if that is possible with your current life circumstances.The 203k and homestyle renovation loans are just amazing products and drastically help you reduce your risk, in my opinion, because you are able to leverage the cost of the entire renovation with such a low down payment loan.We work with a lot of clients who use these products in Chicago, and no matter what, in the long term, they gain great equity.If you aren't able to house hack - the process is essentially the same, but just with more money down with hard money or conventional construction loan.

Renovated basement recently to prepare to rent out.

Use AirDNA to get a better feel for what may be projected and then dive into Airbnb and compare to your competitors. 

Then an appraisal works to my benefit and the quality of the property would be very close (as I said the property I purchased had relatively cosmetic renovations such as painted cabinets).

I am a current college student and gained interest in real estate as I am working on a project focused on finding ways to expand opportunities for real estate investors.