The answer depends upon where the property is at (local regulations and political headwinds), interest rates, unemployment-employment, household debt levels and consumer confidence, cost of getting there (airfare, gasoline prices, etc), cost of running the STR etc.

Purchase price: $1,500,000 Cash invested: $50,000 Duplex was in foreclosure.

From technological advancements to shifts in work habits and consumer behaviors, several factors are reshaping the demand for commercial spaces.

These are huge wins.Also, get your finances in order and get pre-approved so you are ready, willing, and able to purchase which will allow a realtor to take you seriously.

There is clearly intent to purchase using a loan for the majority of the purchase, and then borrow back the down payment portion from your seller.

I am getting ready to purchase my first rental property in Oklahoma City, OK and I’m looking at an home that is priced under $80,000.I plan to put 25% down to get the best rate.I’m from California and haven’t run into this before... but it seems like there are lending minimums and a conventional loan of $60,000 isn’t something I’m finding easily.I could likely get a hard money loan or get a HELOC on my primary residence and purchase the home with cash... but I don’t like these options because the interest rates are higher than a Conventional loan.Besides hard money or a HELOC, are there any suggestions on how to get this smaller loan at a reasonable rate?

It's a fairly easy process and the bank works with you on the purchase to handle the funds through the 1031 exchange.If you have any specific questions feel free to reach out I am always happy to talk REI!

He purchased it a year ago for $325kDuplex listed for $396k Offered $350.

Here’s a quick overview of my situation:•I purchased my first BRR rental property for $81,000.

Full doc, 20% down on purchase and rehab, hard credit pulls, for a loan you intend to get in and out of.