Here’s a quick look at the key market trends and data for 2024.Population Growth:Huntsville’s population is on the rise, attracting both young professionals and retirees.

My numbers are telling me it will negatively cash flow at the purchase price they want.

At the same time, they "caught up" the premiums all at once for everyone in the last year or two.  

I'd also pull the records at the registry of deeds to see if any restrictions are attached to the unit. 

I am going to go and try and look at it tomorrow, peek in the windows, look at the roof. 

People laughed at you if you mentioned creative financing during the run up, but now, we are seeing more master lease and seller carry backs.We've been using community banks, stabilizing then refinancing to agency.

Hi, I am looking at a deal where the refinance for a BRRRR on a multi family would be essentially $60,000 cash out on a 80% LTV but it still has negative cash flow.

With IB off, we are still at 75% occupancy, so I guess there is room for 25% improvement.  

Long term rental comps on average, when you pencil it out, will be at a loss in the $100-500 range in my experience.

I believe I’d need to live there for at least 2 years and hold the property for 5 years but would like a confirmation if possible?