I hear ya but you need appreciation to offset the massive amount of rehab you have to do on a house thats been used as a rental over the years .. if it does not go up your going to lose principal and cut into cash flow.. got to have both to have a good IRR bottom line.. unless you Never ever sell which is quite rare actually. 

A link to FilePlace is at the bottom of every page, so it is easy to find.If you have technical issues, send an email to [email protected] and someone will help you.

A link to FilePlace is at the bottom of every page, so it is easy to find.If you have technical issues, send an email to [email protected] and someone will help you.

A link to FilePlace is at the bottom of every page, so it is easy to find.If you have technical issues, send an email to [email protected] and someone will help you.

It was always a longer-term hold (also 60s built) and I feel like we are near or at the bottom of the current cycle, and if I'm not forced to sell then why would I do it during a time that I think is closer to the bottom?

You are left with incompetent bottom feeders for the other stuff.

Hi Riyanka.While I reserve my top shelf contractor info for my clients, I'm happy to provide 3 hard money options. 1 warning- it's normal for most hard money lenders to quote a higher LTV upfront and then drop it, later, increasing your required cash in the 11th hour- so I recommend you pursue 2 at the same time.Ken Ketter, at the bottom, is the most LTV-stable hard money lender I've worked with in several years, but typically their loan money is dispersed/out- you may get lucky and they may have funds available.https://capitalfund1.com/https://www.hardmoneylendersarizona.com/Ken Ketter 928.853.5339If I can help with consulting in other ways, just holler. 

I get my "rock bottom" cabs from a local lumber/Ben Moore/True Value store.

A link to FilePlace is at the bottom of every page, so it is easy to find.If you have technical issues, send an email to [email protected] and someone will help you.

A link to FilePlace is at the bottom of every page, so it is easy to find.If you have technical issues, send an email to [email protected] and someone will help you.