Any who recommended the use of debt fund, floating-rate interest, and high leverage (over 75% of purchase price) should be avoided like the plague. 

For example, if you formed your business in Ohio, but intend to purchase a property in SC, you will need to register said business in SC.

The purchase price is right and the seller has an assumable mortgage in place at a very good rate.

Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.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.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

  $295k purchase @ 75% ltv = ~$222k loan amount. 

I expect most will be small and I can just accept it with the lower purchase price.

I am fairly new here, I started looking into BP and listening to the podcasts when I was purchasing my first property last year.

Hi All,Interested in purchasing a STR this year, meet material participation rules/100 hrs, obtain cost seg and bonus depreciation.

Hi,I’ve purchased two properties via Ohio Cashflow ~6 months ago and I would like to share my experience.

Purchase price: $846,000 Cash invested: $860,000 STR - MID TERM RENTAL What made you interested in investing in this type of deal?