I have lived in the property for more than 3 years and we have been the only occupants in the home since it was built.The potential cashflow isn't the best but our primary goals were to build up the equity in the home to be able to potentially purchase other properties in the future with the chance that we may return to the house in the future.The property is in the Castle Hills area in the northern side of DFW which for those who don't know is generally a neighborhood with higher income tenants. 1. 

But more creative solutions are likely site dependent specific to your situation. 

Purchased rentals that hit the 1% rule!

@Noyessie Hubert Last year I purchased an 8 unit where the tenants were paying 50% of market rent.

Purchase price: $234,900 Cash invested: $7,000 I house hack 2 bedrooms in a 4-bedroom home as Mid-Term Rentals.

I would definitely recommend checking out the Cleveland market if you are interested in collecting cash flow, and specific pockets have gone up 2x and upwards of 4x in the last 5 to 10 years.

Specifically, I’m wondering what others’ experiences have been working with private lenders, and how to find one?

Are the numbers from the purchase price from 9 years ago still valid if calculating return today?

I purchased a property back in April with HELOC.

I would also research closing cost and down payment assistance options, the more equity in the house you want to purchase, the more likely the bank is to approve you.