Fast forward to 2024, while Miami may not offer the 10% gross yields it once did, there are still numerous regions across the US where real estate investment yields are significantly more lucrative than those in the EU.

These are now being offered at 5% down, and once you get 20% equity in the deal, your PMI will go away.

It's good I would not have another competition.In one house that I try to bid today they have 35 offers, do not bid in CA, people has too much money in the bank here lol

Furthermore, when putting in offers on houses, having numerous prequalification letters might give you more negotiation leverage.

I offered cash, about $10k below asking...pretty straight forward.

HelloI am planning to put an offer on a property.

You can offer short term high interest loans to experienced investors in your area to build up more cash.

Furthermore, the Forums offer great advice for BRRRR. 

I know this is not primary focus of your post but its important to understand why this seller is willing to offer you the terms they are offering.

I offer a buyer's commission of 2.5% of the PP that comes out of my assignment fee.