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. 

With inventory expanding, it feels like there could be opportunities to secure deals, especially if the right cash flow potential is there. 

Good Morning,I am a former Claims Specialist with the Social Security Administration and currently unemployed homeowner who is looking for guidance on how to gain property management experience here in the Central Coast of California.My wife is the only one working at the moment, so times are tough to say the least.We're looking to rent out a portion of our home in order to save up enough money to purchase our second home (or multi-family unit), rent that out, and begin to expand our portfolio. 

Social Security also has a consent based ssn verification process where a SSN can be verified with the parties consent.Again, we can never be 100% full proof but we can stay on top of the latest ways to mitigate the fraudsters at their game.How are you catching fakes?

Motivated sellers and distressed properties are more likely to surface.Creative Financing: Higher interest rates are opening doors to strategies like seller financing or subject-to deals, where you can secure more favorable terms directly from sellers.Shift in Buyer Preferences: With work-from-home trends still influencing housing demand, suburban and secondary markets are seeing strong growth.

You should engage with the local players in the commercial market i.e.

On 12/19/2024, we sold it for $99,000, securing a great return.

Focus on areas with high tenant demand, solid cash flow, and potential for long-term appreciation, and you'll be on your way to securing a great investment.Good luck!

Securing financing upfront is paramount.

Simultaneously, you're managing applicants and tenants, who are often working within tight timelines to secure or renew leases.