Minus 40k rehab, leaves 200k toward the purchase which means you are 40k out of pocket.Now the job is over and you go to refinance and the DSCR will be based on the rent which is 2100 which is less than that 1% rule and will limit your cashout ability. 

You can leave a voicemail thoughTheir phone number is 877-313-8601I will post again if I have a solution

Hello  my name is dozar  from chambersburg pa , I own a duplex  and plan to buy one property each year  for 10 years through house hacking method. 

I am currently living in a house in my college town my parents own (My older brother went to the same school, but is now graduated).

Let the tenants use curtains that are cheap and easy, plus it allows them to determine the color/decor.Tear out the sink and replace with a vanity that has more storage and an updated look.Unless this is a B or better property, I would probably leave the current mirror/vanity.

Then a queen trundle in another and a bunk bed in the third.And I'd re-examine why you you want to squeeze as many people as possible into such a small house?

These are all things you need to do some homework on and figure out.In terms of BRR and flipping.Flipping makes you more money now.But BRR gives you the opportunity to invest, recoup your investment, have heavy depreciation tax write offs & build a portfolio which PAYS YOU IN YOUR SLEEP.You only have so much time to work, but the need for housing will consistently increase as our population is outpacing or supply of housing year after year.

Has anyone identified a creative way to get residents of properties purchased at foreclosure to leave on their own without having to pay Cash for Keys or bearing the cost of evictions?

I currently have a few single houses for rent which are directly under my name, and also the mortgages are under my name.I am considering to move the houses to an LLC 100% owned by me.

Sam Wegert's podcast episode about Co-Living investing inspired me to setup a BP account and seek more information.After looking at my local occupancy laws in and around Nashville, I'm finding that most places are not allowing more than three unrelated occupants per house.