Hi all,Been a BP pod listener for the last few months and am pushing myself to be more active here as well.

I was told cleaning is about $300/month.

Purchase price: $140,000 Cash invested: $140,000 ARV 375,000...currently making monthly interest only payments to investor...using as primary res....Will refinance in a few months and use equity for other investments.

As many of you may know, Assembly Bill 968 (AB-968) has recently been passed, which mandates a comprehensive disclosure of repairs and renovations from sellers who flip one-to-four-unit properties within 18 months of buying them.For those who are not familiar with the details, AB-968 requires sellers to disclose all repairs and renovations performed on the property during their ownership period.

When I look at the comparables over the last 3 months the average sale price is about $235 per square foot, which would put me only at a resale value of $495,000 ...not worth it.However, there are comps from January of 2022 through July of 2022 that strongly support $300 per square foot putting the resale price of the house at $630,000... totally worth it.My real estate agent, that I've  worked closely with for the last 4 years and have probably done about 15 deals with, ensures me she will definitely get $595,000 minimum for this property, and if I knew that for sure I would do the deal.

$499,990 3 Units Generating $3,700/mo That property would not even meet the DSCR requirement if the total income is $3700 per month.

However, this time around, things have not been going as well.Six months ago, I entrusted my property manager with hiring contractors and obtaining the necessary permits to get my property rented.

With your experience, would you recommend buying a home now at a higher interest rate with a $100K price reduction in a buyer's market, or waiting 6 months for lower interest rates and the potential return of bidding wars?

**Efficient Cash Flow Management**: With a blanket mortgage, you have a single monthly payment, which can make cash flow management easier. 3.

Lived in it for over 2 years and rented it out for $1,000 profit a month for one year and then sold.