Financing can also vary depending on whether it’s 2-4 units or 5+ units so keep that in mind as well.Having a strong team and lender familiar with multifamily deals is crucial.

The influx of tech jobs, manufacturing, mining, and Californians there is a strong population and combined with limited to no multifamily new construction we expect a severe housing shortage.

Since you're investing from a distance, I recommend interviewing multiple agents, lenders, property managers, contractors, and other professionals to build a strong and reliable team.

If your initial filing deadline was January 1, 2025, it is now January 13, 2025.

Quote from @Marc Shin: Hello,For the financing of a BRRRR, are there lenders that are willing to include the costs of Airbnb set up (i.e. furnishings) in the initial hard money loan for a BRRR? 

Stay strong!

Quote from @Derek Stevens: @Michael Baum My initial question was about determining a sale price not raising capital.

As an investor here myself, I can tell you we're seeing solid rental demand here thanks to the strong job market and major employers developing here. 

The 4 guests smoked marijuana in the house (strong smell), broke a window blind and a picture, put a hole in the bathroom wall, chipped an end table and worst of all vomited on the couch and front porch.

@Christian HwangTo be successful in flipping properties out of state, it's crucial to build a strong team.