I Want To Get Started With SFR Or MF In The Tampa Or Jacksonville Markets.

Key Market Movers and How to Track Rateshttps://www.biggerpockets.com/blog/2024-dscr-loan-rates-and-...

Whether it’s for fix & flips, rentals, or larger projects, having the right funding strategy can really set the stage for success.I’m curious—how are you all managing your financing needs in today’s market?

Hello everyone,I currently own a house hack with an FHA mortgage and I am the sole owner of that property.

I am in the middle of negotiating a deal with a seller who owns a Sec8 Rental property near Pittsburgh, PA (New Kensington 15068).The tenant has been there for a few years and kept the house well-maintained.The rent is $9006 BD 2 BA 1,555 SQFTCOMPS: ARV - $135,000 | AS-IS $90,000I'm looking to get a better understanding of what Sec8 investors would pay for such property, trying to lock in the best deal possible for these investors.Also, what are the most important things I should look for in these deals?

Since you were smart to house hack a 4, I would see what you can get for a 2 in good shape, not a BRRRR or rehab (too much work when you are new).

If I go with the 5900 policy I will be operating at a loss and I will be forced to sell the house. 

I’m seeking to add a local team member who is knowledgeable about the local market and can help navigate the opportunities here.

check with an expert on market rents. 

We have been using Rentometer for many years and have enjoyed the statistical analysis that helps us to determine where we should price our rentals when we go to market.