Hi BP Fam, I want to break into the real estate investing world, funds and knowledge are just a little low now.

Aggressively low buy in price point. 

Is the American market unique in having areas with relatively low capital costs but high rents?

My original thought was the seller was getting cold feet and wanted to make sure he wasn’t giving the property away at a low price and may wanted to find a way out of the deal.

Again, going back to basic economics, it’s the ability to purchase is low, making demand low, then prices fall.Jay, just out of curiosity, what would you consider a prudent amount of leverage to be?

after 2 months wasting time and had move out before i could refi with quicken loans they quoted me 60 LTV for my rehabbed 3 unit. seems low for 720 credit score and noi per month of $1300ARV is $195kput 35k into it financed 100ki expected 70-80%LTVany suggestions who turn to?

Dont know any such rules but your ROI must be a little low if you put 20% down.

I was planning on using the BRRRR strategy for my first 5-10 rentals and I want to keep this property as it will have a ROI of 15%+ after the first year, as well as a ARV of $110,000+ (low side) after putting in $30k in repairs ($5k buffer) and I paid $0 for the property.

Most of mine are in low income areas.

Low income tenants will find a couch for free on the curb and bring it into a property or get second hand clothes that has not been cleaned.