Local grants and first-time homebuyer programs can help minimize upfront costs.

Hello,Curious to get opinions on effectiveness of using postcards vs. hand signed and addressed letters for marketing. 

Hi @Brent Barcus there are not many LARGE multi-family in this market.

I believe though Douglas County is no longer "rural" enough for USDA programs.

I have a general contractor license so I also can repair and remodel properties before they go on the market.

You’ll learn about tenant relationships, property management, and the overall real estate process, which will be invaluable as you grow your investment portfolio.Market Research: Since you’re in Long Island, do some research on the local rental market.

Any advice on what typical seller financing rates look like in the current market?

Here are some data points from the past month:Real Estate UpdateHere's the latest market report (based on single-family homes):Mortgage Rates:30-year conventional rate today is 6.27%30-year VA rate today is 5.69%Median Sales Price:June: $485,000July: $487,483August: $480,000New Listings:June: 1,920July: 2,068August: 2,153Median Days on Market Until Sale:June: 13July: 14August: 16Months Supply of Inventory:June: 2.3July: 2.8August: 2.9What does "Months Supply of Inventory" mean?

I am reaching out in this forum to ask for specific help for how to analyze the market and build out a realistic lease up projection based once a facility rehab is complete. 

The purchase price is $1.45M, with a current rent roll of $13K per month (market rent is about $16K).