The usual way, but not the right way, to try to buy a rental is by finding a property on the MLS, where agents congregate, make an offer and then try to get financing to buy the property.

If I create a debt fund that offers 9% interest on first lien notes with a 5-7 year payout, would that be attractive to high net worth investors?

Id keep looking if it was not an approved short sale ( even an approved short sale takes a very very long time and theres no guarantee that you will even close on the house after months of waiting). q1)There are plenty of non traditional lenders that could offer you construction financing if the numbers make sense but it will cost you with points and a higher rate.

So this is creating more competition and more agreesive rent rates and/or concessions like 1 month free to get those vacancies filled.

You can try to attend virtual events, many real estate meetups and events offer virtual options.

The Suburban markets with New construction offering decent builder buy-down rates 5s %, and selling completed inventory homes to investors is an opportunity we’re pointing investors to, as well as Duplexes outside the city, that’s where we’re finding some of the best options to get closest to positive cashflow with 20/25% down.

A couple of things I like to tell my newbies-Owning a short-term rental property can offer significant financial benefits.

@Susan Tan you may also have lending options in the Houston area that offer 100% LTC financing for rehab projects.

We are actively managing two fund offerings, one focusing on real property (REO and off market properties), the other focusing on Pre-REO (vacant first mortgages).

If the PMC isn't hiring, offer to work as an intern.