. - you will NOT cashflow in Austin MSA with properties acquired from MLS (or new) without a down payment of 30% to 40%.

I’m be going from a $270k mortgage to $370 with 100k to work with to acquire property.

Hi all, I'm currently looking for advice/recommendations on how to acquire funding to rehab a property I currently own.

How long have you been investing for and what are some of your methods for acquiring these rentals?

We are looking to invest in the $200,000 - $300,000 range and would like to acquire 2 properties per year for the next 3 years.

Use only what you have to to acquire.

In the current market conditions I look for sponsors that have the following:experience in all parts of market cycleare acquiring large assets no less than 100 units a proven value add strategyoffering a true preferred return (7%-8%)a 70/30 or greater equity splitmonthly cashflow distributionsinvest along side their passive investorsrunning a 5 year business plan and have debt terms that exceed the length of the business plan( this will become important if you have to hold the asset longer than the initial business plan)assets located in markets with strong economic indicators

I have been looking at two different methods of acquiring my first deal which are either buying a foreclosed property or going through a probate attorney.

My husband and I have been investing in Eugene for a few years now and acquired 7 rentals out of state last year.

I am local in the Saratoga county area and own properties in Schenectady, Ballston Spa and in the process of acquiring 6 units in Amsterdam.