Get to know your local real estate agents, contractors, property managers and other people who do or have done flips.

The city's ongoing cultural and economic resurgence, supported by proactive local government incentives, enhances property values and attracts a growing population.

hello my name is pacha i live in knoxville tennesse. i am new to investing and looking to connect with local investors. thank you

If the numbers doesn't make sense for you locally, you should explore OOS investing. 

The Minnesota agent should be able to write the policy BUT they might have guidelines on their rental dwelling policies that require the owner to be local and therefore looking after the property.  

Older homes in neighborhoods like Heights and Montrose are full of charm, character, and history, but may need some renovations.When navigating the market, it's important to partner with a local real estate agent, take into account rental market demand and rates, search for value-add chances, and learn about landlord-tenant laws.

Consider a live in flip, we used to use terms like sweat equity to describe this tactic.Couple of lender ideas Get a co-signerTalk to local or regional banks, you will need "portfolio" lender.Get a bridge loan from hard money or private money until you quality for conventional financing.Financing will be tough. 

Whether you're a seasoned pro or just starting out like me, let's join forces, learn together, and explore exciting opportunities in the local market.

That's great you're plugged in the BP community, but I would also look in your local market.

totally hear you, pre 2021 in knoxville was a totally different ball game. again depending on your goals and strategies, your expectations aren't unrealistic. some deals may require more of an investment to make the numbers work like one of my student rentals that was a full gut project and took nearly a year to complete yet it spits out 15% cash on cash returns annually and i purchased that late 2022. investing in general is a risky endeavor, it's all relative to ones own risk tolerance depending on their position. we try and make calculated risks and look to evaluate multiple exits before pulling the trigger, yet there is still some risk involved. maybe a reit or syndication is the way to go if you want to be in real estate yet don't want to take on the properties yourself. either way i'm happy to make some local connections.