If you're overestimating numbers and not accounting for the other soft benefits of owning real estate (appreciation, tax benefits, etc) then of course you'll never buy anything.With 25% down on a 2-4 unit, you'll need to be in a B- to C- area to see cash flow day one.

It's almost impossible to BRRRR now but you can do "soft" BRRRR's to keep the locomotive going.

We are still under 4%.The consensus (my skeptical ears perk up when I hear that word) amongst the finance community then became a“soft landing.”

So they will do a soft pull or hard pull on your credit, they will look at your credit history and also your b.g.All that matters is the cash you have on hand, not what you make per year.I start new investors every year. 

It should be free and usually it's a soft credit check...so there's almost no downside to getting prequalified.  

Getting prequalified for a loan is free (or should be) and usually is a soft credit check. 

FINAL NUMBERS:- Projected Costs: $380k ($357k in build cost & $23k in soft costs)- Actual Costs: $389k ($369k in build cost $20k in soft costs)Note: We had very minimal carrying costs because we utilized a CA HELOC with Premier Valley Bank that had a 2.99% introductory interest rate.- Projected Finished Value: $750k- Actual Finish Value: I think between $800-$850k, not sure yet.

Looking forward to connecting with you. best strategy I've come up with after 10 years of experience in columbus is to build new construction multifamily with equity. 50k land purchase, 10k soft cost / rezoning / permitting, 300k hard cost, refinance and is worth 500k. build - Rent - refinance - repeat. if you want to buy old properties I would but no agent is going to stay on with you and you only get some diluted version of what they call a contractor who probably isn't licensed.

I am not pre-approved yet as I still don’t want to get a hard credit pull when I am between renting and buying, but I have contacted a local broker to get a soft pull and a rough idea of what I can afford as far as rates, MIP, and down payment.

If there are interior stairs carpet them. you could add soft close hinges and carpet bedroom.