Purchase price: $490,000 This is a unique opportunity to participate as a investor in a single family residence valued at $3M and higher.

. $220,000 is definitely a lower purchase price amount and really limits you on what you can buy.

Since then, I've purchased 7 properties in my local area.

Purchase price: $65,000 Hybrid Fix & Flip, bought, made minor repairs and clean out.

I want to purchase my second property within 4-6 months of moving into my multifamily house hack, but looking for a guidance on the strategy to do so.

I’m looking to raise $160,000 to cover the purchase, renovation, and activation of this new Airbnb property.

Hi All,I have only been in Chicago for 5 months and purchase my first investment property (house-hack).

The rule of thumb for me used to be that the property needs to be able to do 20% of the purchase price in gross rental income.

Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

You might consider hard money for the initial purchase or going with a DSCR type lender if you find something that is more turnkey.Hey!