We have been working in the affordable housing space for some time, and this allowed us to partner with the local community and provide a housing solution they need as their city continues to expand with new jobs they are successfully bringing to town.

- Each Housing Commission sets their own rent rates, based upon market rents for Class C properties in their area.You should be able to find an online list of S8 rents per bedroom for your area.

While these deals were successful, I realized that the cost of using hard money significantly ate into my profits.

Quote from @Torrean Edwards: Early in my investing career, I had some success, but then the crash happened.

With that low interest rate, you will have paid down a lot of equity in the deal and should be able to finance with a bank.

Default rate - as you scale you will have a 10% default rate on loans.

Sounds like you set yourselves up for success, and it’s paying off!

Hi @Josh H. we see lots of success with investors buying houses from auction. 

My goal is to establish mutually beneficial relationships that enhance both their careers and mine.I look forward to connecting with like-minded individuals and teams passionate about success in real estate.

I have a 2.5% interest rate on the balance of the mortgage.