Originally posted by @Jon Fletcher:Great post!

For the 2nd applicant, her credit score shows 770.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

When vetting a hard money lender, ask about their interest rates, loan terms, and fees (origination, prepayment penalties, etc.).

My name is Juan Carlos Correa, originally from Mexico, and now living in South Florida for the last 3 years.

But, did you know that your beautiful country of origin Mexico also has plenty of exciting real estate investment opportunities?

Originally posted by @Lane Kawaoka:Nick McCandless Andrew B.

Maintain a credit score of 620 or higher, save for a down payment, and research markets carefully.

I’m from Huntsville originally and work within the Tuscaloosa market often.

I originally priced based on comps of renovated small multifamily properties in my area (there wasn’t a lot at the time).