Hey there,I'm almost ready to purchase a house hack and have found some good deals right off the MLS.

Theres maybe 1 or 2 funds that will purchase loans down to 50k . hard money is an option .

I most likely wouldn't purchase there but it is nice to look to see whats available.

The landowner will have a great negotiating position when you have built and maintained a rental property and are desperate to renew your lease or purchase.

This allows me more purchasing power and I still have peace of mind being able to see the property as I am just starting out and want to learn more, (rather than leave it to a management company).3.

The customer only pays 1 price that includes the price for rehab and purchase.

After living there 12 months, you can buy a nother, rent out your unit and move into the new purchase to repeat the process. 

Those are easy to finance, and the financing is solely based on the properties income using a DSCR ratio for qualification.I would look for a property like this one, https://www.zillow.com/homedetails/5810-21st-Ave-Kenosha-WI-...Lets say you could buy it for $100k, and its $50k in rehab, and ARV will be worth, $200k.When you do the rehab, make sure all the mechanical systems are brand new, then you will have relative few repairs for the next 3-5 years.I can get you a loan for $90k purchase, and $50k, rehab, once its finished you can refinance into a 30 year fixed rate loan between 6.5-6.8%, and cash flow. 

Why do you think purchase contracts are so long and have such small print?

Hi all, my husband and I are trying to keep investing in Santa Barbara (which is kind of funny, considering it feels impossible) after having purchased a condo in 2020 and a single family home that became our primary residence in 2021.