Im going to need the rental income to show for the mortgage as I think we will come up short in what loan amount we are looking for.    

There may also be other creative financing alternatives available, such seller financing, partnerships, private money lenders, or utilizing the equity in your current home.Do extensive due diligence to evaluate a multi-family property's finances, condition, rental prospects, and market worth before making an offer.

Then you would need to look at the pure cash flow play of what type of rents can you get and is your cash flow return adequate to make the deal worthwhile, even if the residual value isn't there in the short term.

Our primary interests are in long-term rentals (single and multifamily), flips, short-term rentals, flex spaces, and storage units.Looking forward to connecting and building meaningful connections!

Hi, We will be acquiring an existing STR property as our 1st property investment by the end if this month. The previous Owner’s property management reached out to us if we would continue with their services. My goal i...

My wife and I started a Coaching company and added Bookkeeping Services to it, in order to grow more.Then we bought a Candle business using Seller Finance, which wouldn't have happened if it wasn't for BP, and now there is a section to help others learn more about being able to do this!

A majority of the apartment complexes near downtown wont allow short term rentals so be sure to check their HOA.

You'll bring a downpayment based on the total project cost and you can get seller financing to help with some of the equity injection. 

The short-term reward of higher cashflow can be negated when the crap hits the fan like you shared, and years of profit are lost.

Gave the seller the same terms as their original deal with the buyer that backed out so essentially it was a delayed closing on their end.