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Partner Driven supported the negotiation, securing the property below market value at $171,000, ensuring enough spread for a profitable sale.

Something happened...I have suspicions the rental market is rebounding, but I don't have enough data to support my theory. 

Or you could decide that you're going to hang in there for family/legacy reasons, and keep raising the rent whenever the market supports... and whenever you turn over a set of tenants.

He may decide not to attend college, and I want to support his future by exploring real estate together.

Also, confirm market rents support your investment.

I’m here to learn, connect, and gain valuable advice, knowledge, strategy, and support from the BiggerPockets community.Looking forward to meeting like-minded investors—let’s connect!

So far my experience with Resimpli's Customer Support has been exceptional.

It's not worth it if the local ordinances don't support your plan. 

The issues that most run into though is the property doesn't cash flow enough to support a higher LTV or most lender require a minimum FICO to qualify for the higher LTVs... some lenders have other experience requirements and reserve requirements as well... all depends.