They're offering the full asking price with a $1k escrow deposit, and they're also requesting $10k for closing costs.

@Jennifer LexonTo find a move-in ready property in Cleveland, Indiana, Kansas City, Memphis, and Pittsburgh, consider factors like affordable real estate prices, steady economic growth, strong rental markets, diverse neighborhoods, and diverse economies.

Cashflow is tight on most deals as rents have not fully kept up with home prices/insurance/taxes/operating expenses.

One reason I can think of they want to do a year is perhaps because they didn’t find a year lease elsewhere or your prices are more reasonable and affordable.

For conventional, there will be an LLPA for an investment property that worsens the pricing compared to a primary residence, all else being equal.

Hi David,Like the others have said, I'm seeing DSCR rates start in the low 7's and go up depending on the lender's specific loan level pricing adjusters.

Purchase price: $101,000 Cash invested: $10,000 Sale price: $180,000 This was my first property I ever bought.

Investors and operators should monitor employment trends and household formation as key demand drivers going forward.

However, I have the funds to buy it now and would rather strike a deal before the price goes up at the auction.

I am looking forward to connect and purchase a investment property.