Attend local meetups, analyze at least five deals per week, and connect with investor-friendly agents to position yourself for success.

Got an equity line of credit and borrowed from it to pay cash for the property.

When you're ready to rent, consider refinancing to eliminate PMI and potentially lower your rate once you've gained at least 20% equity.

Do you own your own home and have equity in it that you can pull out with a HELOC? 

@Keetaek Hong I have a lot of clients who are facing the same challenges but they understand the long game and that it's imperative to build a portfolio, With that lowered interest rate I mentioned you are looking at 30% down and including PM fees will typically have you around break even or barely positively cash flowing.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

Here in Chicago, you should expect a range from $200-$275/SF, depending on the location, experience, labor, and material finish level.Are you in a position where you already own some land, or what is your current situation?

Since they focus specifically on flips, they understand how to position the property to attract the right buyers quickly.If you're open to it, shoot me a text to go over your options and get the property listed right away.

Does anybody have any positive experiences with Homeroom?.

This measure aims to promote transparency and equity in compensation practices. icpas.org3.