A good investor friendly lender & agent will certainly help + groups like this and local REIA groups with opportunities to meet in person or on social media and network about off market opportunities too!

Most of my experience has been in long term rentals but looking to move in to flips in the lower price points in Oklahoma and surrounding states.

The gulf coast is a great market and offers opportunities in all 3 areas.

If this trend in the supply of homes for sale increases again next month, we will see price softening.

Thanks,BradyHi Brady,It sounds like a great opportunity to assume your sister's mortgage given the favorable rate and the rental potential.

A good deal could be that the upcoming vacancy presents the owner a unique opportunity to reposition and add value the property (basically finding a tenant that pays higher rent and therefore raise the NOI). 

I'm talking (2) $60K duplexes, and one $125K fourplex all above 2.2% rent to price in fair/good condition. 

Just make sure you have ran comps for the rental rates on the new builds, and get quotes from multiple contractors, because building prices are always changing. 

So even if you were experienced at a 90% LTV on the initial PP, you would need to put down 70k + Closing Costs if the purchase price is $700k. 

I would need to be able to charge at least 1k a month.i think Lawrenceville and Bloomfield is out of my price range.