Interest rates are higher when we purchase for an LLC owned property vs a personal owned property. 

All the properties were purchased site unseen on their recommendation & has been spot on .   

Could be CLass A, but you didn't share what the ARVs are.Most investors finance 75-80% of a purchase or do a cashout refi to BRRR it.Class A properties are almost impossible to cashflow with, especially with +7% mortgage rates.Class B, you're lucky to cashflow these days, but can do it if you buy wisely.Class C is what many investors are focusing on currently as they can cashflow from day 1, even with +7% mortgage rates.The challenge is most investors targeting Class C for cashflow, don't take into account the corresponding lower-class tenants and all their associated challeges.

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.

You can "generate" it if you purchase, either yourself or with others (e.g. syndication), a large property and do a cost segregation. 

I'm potentially looking to purchase a small rental building which falls under the NYC rent stabilized program.

I recently purchased my fist Duplex property in July 2021.

If anyone is interested in purchasing, DM me your email address and I can send you details and pictures.  

However - my job is very high paying so I will look to build savings and start making my first purchases.  

Im looking to purchase a mobil home to rent to section 8 tenants.