With swift action and strategic market placement, we sold it for $449,000 on 9/4/2024.

If you want to network or ask specific questions about your local market, go to your local real estate forum and connect with investors from your area: https://www.biggerpockets.com/forums/86-local-real-estate-networking5.

Risk Mitigation: Highlight how you’ll mitigate risks, whether through market research, contractor selection, or conservative estimates.Philly B Class Areas:Since you're targeting B Class areas, which typically have stable rental demand but may need some renovations, a structure that combines monthly interest with a lump sum at the end may appeal to lenders.

@Guy Idan this is a really tough question cause Syndications can be both large and small, local and national.  

Are BOTH the condenser and evaporator being cleaned often enough based on local environment?

I don't work there and don't know anyone who does, not pushing the company, just amazed at finding a 0% down option in this market and thought someone should benefit from it.

The current market is challenging, but that’s short term.

Cap Rate = NOI / Purchase Price (or Market Value). 2.

This deal highlighted our ability to identify market-ready properties and move swiftly to generate a solid profit in a short time frame.

If you intend to pull money out long term, I would do a 30 year fixed rate 1st mortgage as it will offer the lowest interest rate out of all lending options on the market.