Since following Robuilt and listening to numerous podcast, I developed a new vision for an entry point into the game.

Hi there,Me and my two partners are growing our buy/hold portfolio in Jackson MS, but are looking to take cash out of our current rentals so that we can invest into new properties. 4 of the 5 purchases were in 2023, so we're fairly young in our journey.Issue that we're running into is that most lenders tell us that the value of our houses are too low.

North Linden, South of Main, Vassor Village, Woodland Park, MT Vernon, Milo-Grogan, Franklinton, Merrion Village, Hungarian Village, Southern Orchards, Driving Park, Olde Towne East, Franklin Park, King Lincoln, Old Oaks, Livingston Park are all but not limited to some areas in Columbus, Ohio I think will gentrify quickly and make for great long term buy and holds.

Now that home prices have stabilized, every month you hold a NPL it becomes less valuable because homes are not appreciating and time costs money, as well as additional incurred expenses like servicing, FPI, legal etc.

@Philip PreskenisSo is your plan to just buy & hold because it doesn't make sense to BRRRR because it's already in good condition? 

I am currently lurking often and reading/learning as much as I can about real estate investing, specifically buy-and-holds.

It can actually be riskier (investment wise) as you are not getting a traditional check every month, but added responsibility that you will hold onto the lump sum throughout the 3 month tenancy to accommodate for repairs, mortgage payments etc... 

Your argument is like stating you shouldn't have any amenities, arcade games, pool table, etc.. because a guests may spill stuff on the arcade machine and ruin the circuit boards or a guest tears the felt on the pool table and the next guest is not happy.  

Did you acquire residential or other investment property in Santa Cruz County prior to July 1st, 2023, and are now contemplating selling it? It is essential to familiarize yourself with the new septic system ordinance...

I haven't used hard money, but I hear there is no holding duration requirement; some traditional loans require you to hold it for 6 months or 1 year.