Purchase price: $249,500 Our first home turned first rental property!

Purchased for 725K.

In circumstance, VA will approve the purchase of a second property.

We purchased our first rental in Aug 2023.

I'm not sure the deal pencils at this purchase price (even with the vacancy, repairs, capex, and management fee being zero).

From what I have read, the main benefit is early access to MLS for purchasing homes and saving on commission costs while selling homes.This leads to two questions: - Is simply having early access to new listings worth $600, or is it only worthwhile if I plan on flipping and selling a property on my own?

How can I determine lets say if i wanted to rent out this property using the BRRRR method rather than just flipping it?

Now we still get 10% +++ these numbers are based on cash purchases.

FHA offers a 3.5% down payment option up to 4 units and Fannie Mae offers a 5% down option.If those down payments are too high based on the purchase price you can again, use a DPA program.

Purchased with a 25% down payment.