Partner Driven financed the W 7th Ave deal using its own capital, covering the $304,000 purchase price and $40,000 in renovation costs.

You do still have to have verifiable income history to get a loan, but it's more attainable for someone your age because of the low money down.I'm in the process of buying my first house hack right now at 23 and the lenders that I've worked with do take the income history seriously.

Partner Driven financed the Sandspring Dr deal using its own capital, covering the $200,000 purchase price and $30,000 in renovation costs.

It is now being forecasted as one of the fastest growing markets in the U.S. and prices are still relatively low.

Any costs directly associated with building the basement apartment, such as separate entrances, kitchen installations, and bathroom fixtures, can be directly allocated to the rental portion. 

Partner Driven financed the Peter St deal using its own capital, covering the $25,000 purchase price and $20,000 in renovation costs.

Hello Everyone,When looking at pictures of a home, how do you go about estimating what the cost of the rehab would amount to?

My clients who bought prior to 2022 are doing very well right now as rental rates are up and they've locked their low rates in till 2027 at least.

(I can't remember exactly to be honest, but we charge about what it costs us to run the background check.)I would definitely recommend doing that.

A key component to cash flow will be loan terms..you could consider trying to incorporate a seller concession towards an interest rate buy down or costs to help improve cash on cash returns.