Reason for this drop is just simply high utilization due to a last minute shortage of funds for closing on another property just recently...This person will be able to simply pay down this high utilization that had now crushed his score but in the meantime he still has 3 other properties under contract and he is concerned about this single family deal (other 2 are multi and is rehab).

If they do agree to a Cash For Keys arrangement like this I would highly recommend working with an attorney who specializes in landlord/tenant law in Portland to draft the agreement and have all parties sign.Best of luck!

Unfortunately, Westchester is not an easy market with price points so high.

On high LTV purchase the ROU on this whoops cheap markers

Long time residents can't even afford median rent because incomes aren't high enough.

(Tenacity meets major learning curve.)I bought PropStream after an intensive REI 7-day Webinar where they highly recommended PS.

We're handling two of these for owners right now, one just passed final inspection, the other they came up with their 3rd set of repairs:(If your home is north of 10 Mile, your rent should be too high to qualify for S8.

Traditional Duplex/Triplex/Quadplex: I grew up with plans to buy a plex and house hack it, ever since I got into REI in high school.

With historically high prices and last year's rate increases, you're left wondering ... what comes next?

if you're looking for high-cashflow areas, for LTRs, the midwest seems to be the place to be. but if you're doing MTR or STR strategies, the shenandoah area might be the next hot spot for mountainous STR markets. wholesaling is a ton of work up front & i feel like a smaller % of people succeed in it, vs the larger % of people who succeed with actually buying rental properties.