Purchase price: $295,000 Cash invested: $50,000 Single fam home, desirable neighborhood.

Hello Bp Community,
Im in my 5th year of real estate investing in Pennsylvania. I have 3 homes managed by a property manager. As I was priced out of the area, I decided to look at other towns in Pennsylvania.
I boug...

Personally, I invest in properties in C-Class neighborhoods in my market (East Linden and Southern Hilltop), and they’ve been cash-flowing well so far.

It’s not an area that you can say this zip code or this neighborhood is good or bad.

Happy to help. 

However, some investors don't mind this strategy if they prefer not to put a lot of liquid in up front and plan to refi out within a few years of closing (which seems to be a great option with the talks of the FED reducing interest rates this year).It really comes down to investing in a growing market, in a good neighborhood & building a great team to support you.

I would be happy to help!!!  

I lowered the price down to $700 a month and is sitting at the lowest priced 2 bedroom unit in the neighborhood.

Also, we're not getting anywhere near market rent for the home since its only half the home being rented, however we do feel that we're getting what similar efficiencies are getting in the neighborhood.   

I'd say most people in my neighborhood rented for a period before moving in.