My original thought was the seller was getting cold feet and wanted to make sure he wasn’t giving the property away at a low price and may wanted to find a way out of the deal.

Again, going back to basic economics, it’s the ability to purchase is low, making demand low, then prices fall.Jay, just out of curiosity, what would you consider a prudent amount of leverage to be?

after 2 months wasting time and had move out before i could refi with quicken loans they quoted me 60 LTV for my rehabbed 3 unit. seems low for 720 credit score and noi per month of $1300ARV is $195kput 35k into it financed 100ki expected 70-80%LTVany suggestions who turn to?

Dont know any such rules but your ROI must be a little low if you put 20% down.

I was planning on using the BRRRR strategy for my first 5-10 rentals and I want to keep this property as it will have a ROI of 15%+ after the first year, as well as a ARV of $110,000+ (low side) after putting in $30k in repairs ($5k buffer) and I paid $0 for the property.

Most of mine are in low income areas.

Low income tenants will find a couch for free on the curb and bring it into a property or get second hand clothes that has not been cleaned.

Very efficient units with LED lighting throughout make energy bills very low!!

There is expected to be low voter turn out for the August election, so only a few votes could make the difference.

I found a agent (who wasn't investor friendly), they gave me a lender (who was terrible), who gave me a title company (who messed up the closing continuously), and finally the insurance person (who gave me too low of coverage).