This seems unrealistically low for a 40 unit property.

I was thinking of starting a rent increase for my 1 bedroom tenant voucher due it being low and well under fair market value(Based on  hud and zip code) but my tenant is in the process of having a caretaker for her disability and getting approved for a two bedroom voucher.

Everyone has been spoiled by the last 10+ years of low property values with high rents and low interest rates.- Just ask any investor doing deals prior to 2008 Real Estate Crash!

The low purchase price was a big part of it.

Is it possible to buy a property in Seattle low enough to get 1%, yes.

@Kenneth Joseph PerfidoFrom my experience, you’re in a great position with your Newport property, strong cash flow, and a low 2.8% interest rate.

@James Tobin  yes FHA will be a very low downpayment option for you.

Zillow says its worth $240,000, which I think is low, and would rent for over $2,000.

@Bryan HartlenManaging low-end properties can be demanding due to higher tenant turnover, increased maintenance needs, and frequent rent collection issues.

Hey BP Community,I am wanting to get into flipping and I have the construction experience but am lacking the cash or money to fund a deal. I have been trying to save up money but it is not near a down payment for a tr...