Investment Info:

Townhouse buy & hold investment in Moody.

Purchase price: $142,000

Cash invested: $39,772

Three bedroom, 3 bath townhouse in Moody, AL

What made you interested in invest...

.- Within two decades, more than a quarter of currently owner-occupied homes will become available.- In some traditional retirement communities, including in Arizona and Florida, that number could reach nearly two-thirds.

The temporary quarters cost is crazy too!

For the refinance part, I am not worried, I spoke to the inhouse lender and my Companys bank and to "pre" set up the refinance, after the rehab and rental of the property, what she said is that big banks are planning on strong 3rd and 4th quarters and they will be more than happy to offer both cash-out refinance, and HELOCs with amazing rates (sub 4%) on properties with equity.Short answer, there are still great lenders out there offering financing on by BRRRR and Flip deals. 

Contact your regional NARPM group- they track average rents in metropolitan areas and produce quarterly reports.

We added additional bedrooms in a few larger units to include converting a now unneeded office into a fourth bedroom.

Maybe read one book a quarter, instead of 1 a week (that's what I did for the first several years).

@Kati Finneran Hey Kati...first, good for you...by using BP, and seeking advice, you are practicing risk management...this is an excellent characteristic and one that should be expanded upon going forward...second (and the following advice/statements are very general in nature as I have no knowledge of your deal's specifics or your personal situation), I would move forward if you are willing to educate yourself on the nuances of being a Section 8 landlord...there are some important government-related strings that come attached with subsidized housing...third, I would move forward if you can secure financing that is acceptable to your situation...fourth, I love the HH strategy and were I you, I would make a small investment in Craig Curelop's book "The House Hacking Strategy" so as to learn as much as possible about the approach...finally, in response to your last question, we are always looking to acquire the right investment - always!

Does anyone know what statement I will need to attest to, or how many quarters of fed/ state withholding statements need to be turned in.

My company was a quarter the size of the company that took over my book of business.