Just make sure your confident in your rationale for the valuation that you made.

You may be better offer partnering up with a private lender with a potential equitable interest in order to get the deal done -- unless you're confident you can get 52 units done very quickly.

Saw this deal come up today.3BR 1BA CondoPurchase Price: 65kTaxes:$4,406.00CC:$182.00Repairs: 3k (looks in excellent condition but minor updates needed)Confident I can rent in 30 days for $1,500.00 a month after looking at comps.Came up with a cap rate around 16% w/ 900+ in cash flow.Do not believe there are any current assessments in the complex.

Some were living in travel trailers and tents a year later.Insurance offers to settlements come quickly, usually low as they play games to avoid claims, holding out takes time and money to get by.

This has taught me to be even more aggressive in purchase negotiation and extremely confident in my ARV before moving forward.

In other words Dawn, be confident about this deal and follow your process.

Bought a single family rental 2 years ago. The jury is still out on whether I bought the house or stole it...lets's just say I got a great deal. I managed the property myself with no experience and the internet as my ...

I am willing to move, and buy at a distance since traveling isnt that hard right now so I could watch over them myself.

I recommend if you're not feeling confident yet just reread a book or buy a new one.

That gave me confidence to purchase additional rental properties which I currently manage myself.I've flipped only one property and it was a huge success but for whatever reason, I have only concentrated on accumulating rental units.