Also how stable the area is and appreciation potential (crime rate, school quality, vacancy rate, population growth, job growth, etc.).

Based on national averages, the home should rent for $1,500 or more.If you don't keep up with market rates you will attract lower-quality renters, you won't have money to make major repairs, and you'll eventually get behind on maintaining the property, which means it will appreciate slower, attract worse renters, rent for lower rates, etc.

I have about 170,000 in quality in my house and thought of using that but then.people say no don't do that get a loan and others say use you equity so not sure who to believe.

It means that investors can't buy lots or existing buildings and build large multifamily complexes.Policies like these mean that, long-term, landlords will see rising rents, huge pools of quality rental applicants, limited competition, and be able to essentially do the bare minimum to maintain their properties, while still seeing government sponsored appreciation and rent growth.Of course, there are also costs and risks to investors with these policies.

It takes time and persistence, but these methods have been really effective for us.

There was a lot of feedback from the realtors and clients that the payment for the house and the quality of the area weren't very much in tune, so the end buyer wasn't very comfortable with it.

I have mostly seen investors use DSCR loans once they have tapped out all of the traditional methods.

im looking for advice on financing a purchase. we were hoping to use as little of our money to buy a house and use the BRRR method.

Huntsville has a growing population, strong job market, and moderate entry costs, while Asheville is popular for quality of life and arts.Good luck!

It yields a higher quality clientele reducing the risk and these areas typically appreciate better over time.