When you can buy properties like this, you can get almost 100% of your money out of the property, convert the property into a long term rental loan, with a DSCR Loan (Debt Service Coverage Ratio) where we as the lender look at the property and if it cash flows, and that is expressed as a ratio, for instance if your Total Loan payment including Principal, Interest, Taxes and Insurance was $1000/mo, then you would need a rent of $1200/mo and you would have a 1.2 DSCR Ratio.Here is an example of a cheap duplex https://www.zillow.com/homedetails/732-Broad-St-Menasha-WI-5...

I had made a list last year from the kind people on BP...I called around 12 banks, found the 3 with the most competitive rates...lost the list and all my info in a house move...I’ll get to calling these banks tomorrow!

I believe I heard something called pocket listings on one of the podcase episodes last week. 

Despite a challenging economic environment marked by inflation and slowing consumer spending, major dining chains like Taco Bell, Outback Steakhouse, and Applebee’s are pushing ahead with expansion plans.Yum Brands—parent company of Taco Bell, KFC, and Pizza Hut—opened 894 new locations globally in Q2 2024, marking a 5% increase in total units from last year.

Long-term hold rental Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I attend Real Estate industry related business meetings monthly at the local Realtor's Association in Colorado Springs and the insurance agents who attend have all attested to drastic premium increases over the last year...  

Remember, this was a long time before we had use of the internet or anything else we think of as “technology” today1.

@Sam P.No concerns - as long as the titled owner of the property (ther LLC) i listed as an additional insured or interested party you will be covered.Thanks,-Megan

I'm a new investor in Seattle and have been analyzing flips, short-term, and long-term rentals using Dealcheck and some proformas that local agents and investors have sent me.

I have been flipping for many many years Last week I bought my first ever book on flipping Could have saved myself literally years if I had bought it when I first started J Scott The book on Flipping