Did you investigate the history of heating costs before purchase?

This is a quick calculation that we can do to see how much house you can purchase at 100% financing if desired.

They sell a 4 unit for close to 1 million dollars close to Jacksonville. they want 250k or 300k down. there's no upside. you can google the properties on biggerpockets and there isn't a lot of satisfaction. it's a slow return and get rich slow strategy. our focus is always as a builder to add maximum value, lower cost as low as possible, build and rent and build and sell the same product and raise prices to help investors out. we have a large market share and large purchasing power in our market in columbus ohio. the one strategy I never liked about turnkey new build brokerage companies like them and build2rent or others is they don't really build close to urban centers and most are single family homes. the numbers don't work on single family homes. if single family was the way to go more companies would be doing it. but by far the most common type of new construction built is three story walk up apartments.

Hi Yinon, Most DSCR lenders will not typically require you to have a lease in place if the property was recently renovated or purchased.

Hasn't been an issue for any property I've purchased."

Purchase price: $122,000 Cash invested: $41,000 Value after renovation $175,000.Closing $ 31,000 Renovation $ 10,000 How did you add value to the deal?

We purchased the land that we are bringing into the deal. 

If you are fully committed to purchasing rather than renting, I would suggest to try and get into the best area with the best schools you possibly can.

Are you purchasing an investment property or 2nd home?   

My then 16 or 17 year old son in 2019 or 2020 purchased a child amount on BitCoin.