The property’s location in Morganton, a growing market, and the opportunity to add an ADU made it an attractive investment.

think about how long it will take to recoup all the costs i just mentioned.if you want day 1 cash flow... open a savings account.i say this not to discourage you but to help set expectations.Nicholas is spot on.

@John Clark and @Jonathan Greene and I are just trying to look out for you. 

Hello Steven, welcome to the forums!

I too am active duty and have utilized my VA several times to expand my portfolio as it is a great tool to use if you’re willing to live in the property for the required 12 months.

I'm a New Home Consultant with Lennar Homes in the Tampa Division.

With Proposition 33 potentially getting voted in, does anyone have the intention of looking in other areas such as Georgia for investments? 

Curious to get some tips from folks that have a larger portfolio (say 50+ units or larger) across multiple MF buildings (so different acquisition dates, financing, etc.) and what software you use?

Over the past three years, I’ve been using most of the major off-market techniques.One standout method has always been pulling data and feeding it into a call center to generate off-market leads.

My lender just called me quite flustered to say that he has learned that no one is doing the traditional 10% down loan for second homes, which is what I was going to use.