I was priced out of small multifamilies, and single family homes did not make sense to rent out with a higher price point.

Where do you even find good investment opportunities?

Also willing to check on progress of renovations or give you a second opinion on any home inspection or help you find the subcontractors you need to get things done.

A median single family home is $570,000A median townhome is $377,000A median condo is $312,000 (not a fan of these for investing purposes in our market, a whole other discussion)More quick stats:Homes went for asking price, on average this monthHomes sat about 20 days on marketSellers has 10 showings before going pendingThere are about 3,000 homes for sale, which is up 20% over this time last yearWhat I'm seeing is takes about 2-3 offers on average to get a property under contract (all depends on your aggression and strategy of course, location, etc)Overall, buyers have a lot more sway than the last few years.

You could always offer a shorter lease that ends in May/June to give yourself an opportunity to find new tenants or raise the rent to market at that time.I hope this helps and if you ever need any guidance or want to chat about the process of assuming an existing loan, I would love to connect! 

Hi, I am looking at a deal where the refinance for a BRRRR on a multi family would be essentially $60,000 cash out on a 80% LTV but it still has negative cash flow.

At that point, I will start to make some judgements about growth vs. payoff vs refi, etc.You could use the money to continue to accelerate the payoff of your primary then get a HELOC on the equity to fund the downpayment of a rental property if/when you find one.For me though, I'm making minimal payments on the mortgage and getting the investment snowball rolling as soon as I can.

Im looking to buy a single-family home in Jupiter Florida and would like to rent it out on Airbnb (open to LTR).

Investment Info:Single-family residence buy & hold investment.

Hello all,I live just south of Cincinnati and am hoping to find my first rental property in the northern Kentucky area.