Investment Info:

Large multi-family (5+ units) buy & hold investment in Clarksville.

Purchase price: $330,000

Cash invested: $1

Sale price: $820,000

This was a zero down deal. I did pledge a...

@Frank PatalanoFinding deals at the moment.

It's hot heck at the moment around 100 degrees, but I'm hoping it'll be worth the investment come winter time.

Here’s a bit about my current situation and goals:Current Rentals:Number of Properties: 1Type of Property: Single-family home (we lived in it and turned it into a rental when we moved out)Location: Corpus Christi, TXInvestment Goals:Short-term Goal: Acquire more properties and build an equity-heavy portfolio to have leverage if needed.Long-term Goal: Build a portfolio that provides enough cash flow to cover all living expenses.Focus: Expand my portfolio, preferably to at least 10 properties in the next 10 years.Financials:Current Monthly Cash Flow: Close to breakeven (potentially negative by $20, factoring in reserves).Future Investment Budget: No savings at the moment.

Wanted to open the floor: What are you guys looking for at the moment?

We have three others we are working on at the moment, in Alpharetta Ga, N Charleston SC, and Williston ND.

The people who enter the forums just want to learn with nothing to give at this moment except the willingness to learn first.  

The Panama City market has been sliding forever thus why I never recommend buying much in the city except if you want to move here (still...renting makes more sense at the moment)Investing in the city really only comes down to doing a STR business based either on leverage or co-hosting models as rents are extremely low and there is SO MANY apartments and houses that are empty, doing nothing for 2 or more years.

I could definitely use a good hard money lender to lock in a couple deals at the moment

Just consider for a moment you're the owner of REI Reply who has been working your *** off to build something valuable.