Purchase price: $680,000 Cash invested: $510,000 We funded this loan in 48 hours. 75% loan to cost.

Decide which one you like best, and use  that to submit a purchase contract, and have lender number 2 on the backburner in case lender 1 falls through. gl my dude

In this arrangement, instead of obtaining a traditional mortgage from a bank, you negotiate directly with the seller to finance the purchase of their property.

I believe that successfully navigating this initial investment will pave the way for future opportunities, whether in the same market or elsewhere.Living in New York City, I faced a challenging market ;)I chose Montgomery, Alabama.Here's my process:I compiled a list of states with favorable landlord laws.Using Brightinvestor, I identified cities within those states where the median home price falls below the national average ($420k).I excluded cities with negative income growth and rising unemployment rates.I focused on cities with strong appreciation rates over the past five years (over 10%).I compared price-to-rent ratios.I did break two rules: Montgomery has a slight decline in population, and its largest employers are an Air Force base and government agencies.One significant factor that influenced my decision was the promising price-to-rent ratio, suggesting potential for positive cash flow (though I remain cautious about appreciation).Regarding my acquisition strategy:I plan to employ the BRRR method with cash.

My husband and I purchased a 2 family house that was fully occupied with tenants, intending to live in the first floor.

Purchase price: $2,900,000 Cash invested: $900,000 Sale price: $4,200,000 Refinance on 2.9mm value.

I personally have one property that I purchased in 2017 that’s built some equity but I’m definitely an amateur investor.

Purchase price: $1,500,000 Cash invested: $1,200,000 This was a bridge loan at 80% LTV and 9% for an experienced investor who will be refinancing out of our loan with a construction loan once permits are approved for construction.

Other details: I live, and work and the home I purchased is in Cape Coral, Florida.

This exchange would function in the name of the Partnership and said partnership would acquire separate replacement property that would be allocated after purchase to each of the owners individually.