When you can buy properties like this, you can get almost 100% of your money out of the property, convert the property into a long term rental loan, with a DSCR Loan (Debt Service Coverage Ratio) where we as the lender look at the property and if it cash flows, and that is expressed as a ratio, for instance if your Total Loan payment including Principal, Interest, Taxes and Insurance was $1000/mo, then you would need a rent of $1200/mo and you would have a 1.2 DSCR Ratio.Here is an example of a cheap duplex https://www.zillow.com/homedetails/732-Broad-St-Menasha-WI-5...

Long-term hold rental Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Remember, this was a long time before we had use of the internet or anything else we think of as “technology” today1.

@Sam P.No concerns - as long as the titled owner of the property (ther LLC) i listed as an additional insured or interested party you will be covered.Thanks,-Megan

I'm a new investor in Seattle and have been analyzing flips, short-term, and long-term rentals using Dealcheck and some proformas that local agents and investors have sent me.

He gives a discount on his hourly rate for rental property owners in hopes of making a long term relationship.

I have been out of the game, personally, for too long and ready to get back.

WE are cash flowing in current state ~$1,500/month after we renewed 2 of the 3 tenants on long term leases during due diligence.

You should be able to get a 30Y DSCR loan under a 100k as long as the property value is 100k+.

I have 19 long term rentals and do some wholesaling/flips as well.