Hi, First of all i would like to say hello to all BP users and thank you for giving me this platform to increase all aspects of my knowledge with people who have been there and done it.I am Rebecca, 26 from Ireland.

I target 1% rent to price ratio but that would differ depending on if it’s a primary, secondary or tertiary market.

I'm about to close on a condo for my primary residence and will be looking for my next investment property early next year.

You might be able to get away with less if this is your primary home.

I am also open to flipping and possibly wholesaling, but my primary desire is buying and holding. 

I own one other rental which used to be my primary residence, so this is my first real investment purchase.  

Length of the primary lease term, level of lease guarantee, location, quality of tenant (national,regional,local) plays a part.There are many different types of lender (local,regional,national banks, insurance companies, CMBS, conduit, credit unions, private family office lenders,etc.) each has their own criteria within the space to do a loan on a property.It would take me many hours to write a response explaining all the variances.When people become my clients I already have the retail commercial attorneys, capital markets lenders, on and off market database of properties,etc. 

When you get to that point of doing the 1031, be sure to list backup properties to the primary replacement property you’re considering in case you have any issues locating replacement property you want.

Hello,I rented my primary home for a few months before deciding to sell it.  

Suavek Kownacki Portland is much like seattle and california where it’s still a primary market where the rent to value ratios just are not there to be able to cashflow.