It is a no downpayment no PMI, and no payback or equity share program, with great interest rate buy-down options and the loan limits are very high because LA is a high-cost area.  

PML or most private lenders do it for a profit so the rate has to be calculated into the deal.

We respond on FF and send them a text or email as well, depending on what contact info they provide.

Seems to be a really smart place to park cash at 6% Cap rate, with depreciation tax benefits and projected equity increases in the 23-30% range in the next 3 years.

I can definitely say that while the bigger fire we had was a pain... it actually worked out really well... in the end we had a much improved property, and we stepped in and did as much of the work we could do ourselves that the insurance company was compensating us at  'retail' rates for... like painting, and replacing cabinets, and other simple tasks.  

Purchase price: $155,400 Cash invested: $40,000 Property is located in Cuyler-Brownsville an historic district within walking distance of popular Metropolitan District of Savannah GA.I purchased the property to get started in the real estate space, however I value the walkability of the property, its proximity to parks and nightlife.Although the area is a rated roughly as a “C class” neighborhood.

Which means we will start to slow down in late July, and then enter the winter slow season in October.Assuming rates remain above six percent, I’m guessing the spring market will kick back up in February.

Outside of City services you will need to punch a well and depending on the size of the community maybe two. 

Anything above 10+ units is generally a minimum of 30-35% down but the rates at present are prohibitive.

Property prices are relatively lower compared to major Canadian cities.Cons: Certain neighborhoods may have higher crime rates or lower demand for rentals.