However, if you have to pay them back in a short period of time and make high interest-only payments monthly, that might work against you.Have you tried asking for owner financing terms for the $230k?

She offered for us to take the property off their hands so it was one less thing they had worry about after their mother passing away.

We went with highest offer got a counter asking $20k more and reluctantly signed.

Indianapolis, Indiana, is noted for its affordability, investor-friendly legislation, and high rental demand.

I understand that the majority of the risk in Section 8 is from tenants damaging the property, therefore depreciating the asset over time and leading to high maintenance costs.

How it works depends on how the offering is issued (506(b) or 506(c)) , but basically the first step is self-attestation of accredited investor status.  

The success of this deal highlighted the effectiveness of strategic investments and efficient project management in achieving high returns.

Hey Jeremy, the best strategies for high cash flow will also be riskier.

DSCR rates have been lower than conventional lately and DSCR offers 40 years amortization, 5/6 ARMs, Interest Only to help cash flow.If you have any questions feel free to reach out I enjoy helping and talking REI!

The median asking price this year ($799,950) narrowly beat out last year’s median asking price of $781,950.Demand has remained high, and the average DOM is nearly one week shorter than last year’s.