Purchase price: $317,000 Cash invested: $30,000 Short term primary -> long term hold with a 3.25% interest rate.

   I've now owned my first rental property for about four months and am now looking to purchase my second property. 

What would your response be to justify the purchase and renovations? 

Specifically, the "Mentorship/Masterming Groups" and there virtual meetups.

Specifically, I’m interested in discussing:-Trends and opportunities in the San Antonio and Austin real estate markets-Tips for successful cosmetic renovations and cost-saving strategies-Potential partnerships or joint ventures on upcoming projectsFeel free to share your experiences, insights, or even just say hello!

I have a feeling Brie Schmidt might see this, so thanks again for the incredible amount of help during that purchase and my beginning as an investor.Quick background: I work in tech (remote job) with a good W-2 income and have lived in the northside of Chicago for 17 years.

Most HML's can lend up to 90% of the purchase price and 100% of the rehab.

Sure, I would be open to speaking with you to learn more about investing in the area and to ask more specific questions.  

I know a lot depends on the specific deal, but there's gotta be some markets out there where it's easier to find properties that are 70% of ARV and still cash flow pretty decent, right?

Purchase price: $1,650,000 Cash invested: $139,000 Alexandria, VA commercial office building. 3 office tenants, fully leased upon purchase.