Negotiating with the seller was straightforward, leveraging the property's condition to secure a $50,000 purchase price.

@Coty LeBlanc I originally used it as a set it and forget it tool and it was better than not having I suppose, but then I really dug into training and learning and I saw 50% increase in one property and 20% in the other.

sba is the answer.. 

But we moved out the low rent tenants and after the rehab we filled all units with market rent tenants.

I just write the property address on the receipt.I couldn't fit a different credit card for each property in my wallet.

Purchased it for $65,000.00 and replaced the plumbing, floors, cabinets, and painted for 18k.

Our cost to do business vs the revenue a small loan generates would put us in the red.

Great post, thanks for sharing, Kevin--I would also add that the Lower South End area into Madison Park is also a great area to relocated to if you want to be in close proximity to Uptown without being in the hustle & bustle of the city! 

Hey David, welcome to the BP community!

Quote from @Hunter Hanlon Taylor: Quote from @Eric Veronica: Congratulations on the graduation this spring!