It may not be the prettiest house on the Street but I am chasing cash flow, but appreciate is very welcome and what I am seeing in pockets of Detroit market.Tax - 1150Insurance - 630Rent - 750 per monthRehab - 8,00029% gross return

Quote from @Chase Hoover: Quote from @Matthias Pieplak: Quote from @Chris SeveneySeveney: @Michael PorcheI would be careful of Shenandoah Virginia - having invested there pre covid people couldn’t give properties away in that area.

Authorized occupants are easier to remove later, but you cannot chase them for unpaid rent. 

personally chasing sellers How did you finance this deal?

Let's also say a Chase savings account pays you 4.5% compounded annually, that $5k loan is $460 over a two-year rental, and then you multiply that by 50 or 100 doors.There might be good reasons to hold it a little while like to settle expenses, although with technology-powered platforms savvy PMs could probably often pay the same day as the funds are cleared. 

that's why you can't grow when you do turn key investments. you are buying an updated prop at market value getting market rates.is the return better than Chase?

Most of the time, your Chase, BOA, Citi type banks will not be interested, but always worth a call too.

I'd drive by on my electric skateboard and spray wasp spray on the dealers as they'd try to chase me.     

If you're chasing good rates and low fees, it would be 3 concurrent Fannie loans at the same time.

My Chase Private Client banker mentioned that this could be done through their commercial arm, and I suspect I'd get decent terms from them, but I'd rather compare and contrast a few options.Anybody have thoughts on these options?