@Brian EllisThere is one major reason for thIs - your price is too high. stop rationalizing it and losing money waiting around .Drop the price and watch what happens

My son has been in the Navy for 2.5 years and is contemplating purchasing his first home which will be a 2 unit.He is looking for find out what options he has as far as mortgages that require smaller down payments.  H...

It is in a very small town (about a block long) and sits directly on a major thoroughfare through the area.

The idea behind BRRR is that you finish the rehab and you are ready to rent the place out and move into a cheaper/longer term loan product immediately and then on to the next deal. 203k loans, in addition to the extra red tape and requirements like using a licensed GC to do the work, have 2 major caveats: the property has to be livable and it has to be owner occupied.

A lot of folks in the Sponsors are active here on BP and/or you'll have folks talking about them.

We just got a HELOC on our primary residence to use to buy our first rental, and the math of how that gets paid back and how we get more money for the second deal, etc, is still a little cloudy for me (I thought that being an English major meant I would never have to do math in my life, oh well. ) What you said makes sense to me.

- smoking, pet, illegal criminal activity, etc.

- smoking, pet, illegal criminal activity, etc.

My house is a block from a catholic primary school, convenient to a small private college and seminary (divinity school), not too far from freeway access, and a couple blocks from a major bus line (that serves the college, divinity school and downtown).

I've been active there for several years.