I still recommend it for purchasing notes, but buyer beware and check all paperwork thoroughly.

Most of the lenders have a minimum of 50k per door and 100k minimum of as-is value limit for rental purchase.

Hi Victor, Possibly look into purchasing a multi-family and rent out the other units. 

It was purchased for $2.4 million in 2022. 

Our first purchase was in October 2023 and it was a little tough to fill late in the year (due to the holiday slowdown), but our first guest arrived in early January and it's been booked ever since, now through September.

@Scott Vaethif your mortgage rate is reasonable i would definitely not use extra cash to pay it down.but give us more info if you want better advice.for example - purchase price, rehab amount, rough new ARV? 

We’re looking to purchase a small MFR (2-3 units) in Tucson, AZ.

Purchase price: $180,000 Cash invested: $37,413 Sale price: $325,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Ron Rowan, successfully completed a fix-and-flip on W 136th Ave, Cedar Lake, IN 46303.

Hi everybody,A few months ago, I just purchased my first property (yay me), which I'm working to house-hack at the moment.

However with all building purchases the first thing I do is install hardwired smokes and CO detector.