Are they meeting your long-term investment goals?

There will always be posters who come out of the woodwork who claim to be able to beat terms or meet borrowing expectations.

Your job is to keep tightening it up (geographically and based on asset type) and meeting investors until you have a buy box that makes sense for you.There is also no point to running deals through a calculator if you are seeing them.

But then it was a nightmare of communication, we soon realized that we had to do a bunch of songs and dances to convince them to sponsor our deal, it took 4 or 5 days for them to make time to sit down with us only to tell us that we needed to schedule another meeting in another 4 or 5 days to get Tyler on the phone and let us try and convince them to sponsor us and by that time someone else was awarded the deal and we lost out.

As for the 2% rule, most of the properties that meet those criteria are in war zone locations.

Because of my savings and lack of expenses, I'm in a very comfortable position to make my first move, but because my income is mid, I'm unable to meet the Debt-to-Income requirements to qualify.

You can find duplexes under $180K in C-class neighborhoods, in decent condition, that meet or exceed the 1% rule

Purchasing a property that doesn’t meet the 1% rule can absolutely be justified if you’re focused on long-term appreciation, especially in strong growth markets like the ones you mentioned.

Hi all, and nice to meet everyone.

With online access to almost every jurisdictions property recordings, lenders today use software that automatically searches property transfers for transfers involving their loans.