Above is picture from original listing purchase.

Best there is at navigating the complex landscape out here and helping you make the right purchase to be competitive in the STR market. 

Rates ticked down the most in a week for 2024, last week so sounds a hair high..we just priced a DSCR purchase for 5+ units just below that..Check in with @Joseph Chiofalo for a quick quote.

Specifically anyone who has purchased in the last 12 months.

Purchase price: $252,000 Cash invested: $60,000 Sale price: $430,000 House hacked a fourplex with my partner Bruno.

I have found several with two entrances / split levels and a common laundry space such that I could rent 2-3 BR to another family or 2-3 professionals and earn $1500-2000/mo on a $200-250k purchase while living cheaply in the other 1000 SF of the house and having limited forced interaction with the roommates/tenants. 

Most conventional lenders run with a required 12 month seasoning, so having purchased in 7/23, likely won't be able to use them until 7/24 or later. 

Our goal is to purchase a new construction home as our first investment, with plans to acquire four more properties in the next three years (4/2 around 400k with 25% down dscr loan) .

Consult with a mortgage broker or lender to determine the best financing solution for your investment goals and financial situation.Property selection: Look for properties that have the potential for value-add improvements, such as cosmetic upgrades, energy-efficient upgrades, or additional amenities.

I purchased the property in March for $81,500, and the appraisal value is $87,000.