Hey BiggerPockets Community,I’m actively securing undervalued properties in Syracuse, NY, and looking for investors & funding partners interested in BRRRR deals with strong cash flow potential.Here’s my approach:✔️ Acquire distressed/off-market properties at deep discounts✔️ Rehab strategically to maximize property value✔️ Refinance using OPM (Other People’s Money) to pull cash out✔️ Rent for consistent passive incomeWhy Syracuse?

You find distressed properties and sell the contracts to investors for a fee.Partnering: Partner with investors who have capital.

It's against the law in some jurisdictions (OR, WA, CA and others) to even approach someone in a distressed situation unless you are an attorney, a realtor, or a registered "Distressed Property Counselor" and you can't benefit by buying or wholesaling the property.Equity Skimming and related penalties of sentencing are detailed in 12 United States Code USC Section 1715Z-19.

We're willing to live almost anywhere in the greater Sacramento area based on what we can afford, provided of course that the property is in a decent neighborhood that has a good chance of attracting responsible tenants.As for budget, I believe we could get a conventional loan for properties up to $600k, but my strong preference is to find a distressed property (or seller!)

> Hey BiggerPockets Community,I’m actively securing undervalued properties in Syracuse, NY and looking for investors interested in high-ROI flip opportunities.Here’s the strategy:✔️ Acquire distressed/off-market properties✔️ Use business credit & creative financing to minimize risk✔️ Rehab & resell for strong profit marginsWhy Syracuse?

Purchase price: $240,000 Cash invested: $60,000 purchased this distressed duplex using owner financing for $240K and a $60K hard money loan for renovations.

Purchase price: $240,000 Cash invested: $60,000 I purchased this duplex in distressed condition using owner financing for $240K and secured a $60K hard money loan for renovations.

You look for comparable sales for other distressed properties that are similar and nearby and also counter that with finished version comps so you can see what your perceived spread could be.

At that time, there were public records showing missed payments and multiple distressed properties, not to mention the overall struggles of the student housing market.Even the underlying investment showed major red flags in the PPM which she never disclosed or mentioned to me.

For fix-and-flips, you should focus on Atlanta neighborhoods with strong demand and a good spread between distressed properties and ARVs.