My investment strategy focuses on long-term, low-maintenance SFRs in high-demand areas, aiming for cash flow rates above 7%.The market dynamics can vary significantly from state to state, and even from block to block within a city. 

You can get a DSCR loan with a $55k minimum as long as the property value is at least $75k.

Learning from my mistakes has been an invaluable journey towards success.

How long have you been an agent?

In this case, where they NEED to secure a new rental vs a case where they merely WANT to move, they’re expectations will become realistic VERY quickly.If a property owner could net the same amount of money doing a long term rental, then that’s what they’d do so to avoid the more work and less uncertainty of 30-90 day rentals.

Hey @Noah Yashinsky, South Florida is more of an appreciating market rather than a cash flow market for long-term rentals.

I use MyFax - I've used them for years with good success and no problems.

Can I ask what kept you from purchasing yourself for so long?

I wanted to know if anyone has had sucess, or has heard of anyone who has been successful by partnering with Charter Financial to buy discounted notes, lottery winnings, etc?

Rates are hight right now and if your primary residents has a great rate the HELOC normally is the smarter play as long as your have repayment plan that allows you to risen and repeat.