Instead you will cash flow right out of the gate and appreciation is faster in those states with TLC properties or adding things like an ADU, or Carriage home on a bigger lot.Most of my investors that live in CA purchase in those states listed above and in most cases its easy to introduce them to local Seasoned realtors Contractors, Handy Men/Women that can help them save money and feel secure about the distance from home to REI.

This could help secure a higher LTV while you build STR rental history.

I was hoping for some idea to secure the Promissory Note but it seems that's not available.Thanks for your response. 

Purchase price: $420,000 Cash invested: $55,096 Purchased a distressed single-family home in Antioch, CA, using the BRRRR strategy to create $141,000 in equity and secure a cash-flowing rental property.

.- There is risk in that the rehab has not been completed and the financing has not been secured so there may be unforeseen issues with the home or lending process that may cost more than the estimated costs which can then reduce profits.- The tenant buyer may decide to not exercise the option or may decide to terminate the lease early which may produce a profit less than the projected returns.- The money partner is not the only owner of the company which owns the property and thus has limited decision making over the property.

I started to create our company website with my good friend, Scott Corbett (Lightmark Media), and we started working with our securities attorney to put together two 506(c) offerings.

When rates re-trace and other folks start trying to deploy the capital, I want to know I secured the (right) asset.

I love finding VA Assumption Loan deals and have personally secured one so far as a rental property with a 3.3% interest rate. 

However, many DSCR lenders have a minimum loan amount of $100K, which can make it challenging for investors to secure financing for lower-priced properties. 

I specialize In helping investors like yourself locate, and secure investment properties and provide a hands off experience along the way.