It’s a tough market out here in New Jersey both with this high market and the high interest rate right now.   

The rents are high enough so they can cashflow, even with the 7%-8% rates we are currently seeing.  

Also, 2023 was a down year for rentals everywhere. and 2022 was a high year for rental income.

high deserts of CA AZ NM Texas that kind of thing.

I highly recommend reading their books, joining their FB groups, and continue perusing the forums.I am a Minnesota investor and agent.

@Joey Keske, I highly recommend reaching out to @Josh Green.

Others have posted that their underwriting criteria is so strict and fees so high that its very tough to get a loan that will work and these folks just give up and end up with 3k worth of educational material and NO 100% loan.the reality is right now its never been easier to get a HML  80 to 90% financing and 100% of renovations..

If you are using a hard money lender, are you accounting for the high hard money interest rates for those months?

., Given we are accountants, we cannot promote our services on BP as its against the rules.To help in your search:be sure to find an accountant who is willing to grow with you, and is not too high priced fee-wise.

Personally we don't do anything more than 50% leverage and right now we are right around 20% leveraged on our entire $4mm portfolio.i don't understand how people do all these 0,10-20% leverage deals and max out with little to no cash flow but have "100 doors" we have 20 doors but they are all high quality homes.Was an intensive grind and a lot of cash but I wouldn't trade our journey for anything -14 years later were at 20% leverage on our portfolio and dropping rapidly every month