A lot of these guys don't qualify for mortgages, at least that's what I'm assuming for the purposes of this question, so they would only get the type of return you can expect from a free and clear property.I know a couple of people in this situation, and it seems that the combination of not being local, and not having access to mortgages makes it difficult to do well investing in real estate, or at least in American real estate.

The higher purchase prices in those towns combined with high leverage will make it difficult.

Or perhaps a small down from me, plus some combination of commercial loan and seller financing.And advice would be appreciated.Thank youMichael

If so, that should compress your Cap Rate, which would be awesome.As far as your analysis:Repairs and CapEx look high at 18% combined.

https://www.keizertimes.com/posts/1517/river-road-project-will-be-citys-first-to-combine-offices-housingSince we are building our units- We have been looking closer at Studio's and 1 bedrooms.  

At what point can they leave their comfortable $500k combined income?

Hello everyone, I have a situation where I bought a property in Oklahoma with a combination shop/apartment.

You could pull out significant equity using the combination of House-Hacking and BRRRR, potentially enough for another down payment depending on your situation!

Combining our passion for real estate with the benefits of providing affordable housing is the perfect fit for us.

Can anyone recommend a mortgage lender/banker that they have consistently worked with on residential or commercial real estate deals in Washington, DC area? i.e. Bank of America, Credit Unions, Community banks (Specif...