Purchase price: $50,000 Cash invested: $30,000 First BRRR property.

I purchased a 15 bed facility back in 2017.

Make sure you consult with a legit and knowledgeable attorney...That's interesting because last year I converted my Texas LLC to a series LLC and purchased a property inside one series that I created for that purpose.

I purchased homes when I was married.

Consistent search volumes for rental-related queries like "apartments for rent Syracuse NY" match well with the demographic profile, indicating ongoing interest in housing in this area.Supply and Demand DynamicsBuilding Permits: A notable surge in building permits in 2024, particularly for 2-unit and 5+ unit multi-family structures, notably in zip code 13224, signifies both growing demand and increasing supply, potentially influencing market prices.2024Total Units56Units in Single-Family Structures4Units in All Multi-Family Structures52Units in 2-unit Multi-Family Structures32Units in 3- and 4-unit Multi-Family Structures0Units in 5+ Unit Multi-Family Structures20Google Search InsightsSearch Trends: The terms "luxury apartments Syracuse NY" and "new apartments Syracuse NY" show increased interest, particularly with searches peaking for new construction assets.

You can also do this with each new property you purchase.

Hello Bigger Pockets members, in your opinion what is the best way to invest in real estate without purchasing property or buying a REIT?

DSCR only requires that the rents be equal to or greater than the PITI payment or the ITI payment if you go I/O interest only.You can use DSCR for a cash out refinance, Purchase and even a "Rate and term" which is when you want a lower rate or get out of a HML - Hard Money Loan, Balloon payment, Adjustable rate getting ready to expire/adjust (Recast).

With it being purchased as a property specifically for renting and or flipping would my income come into question on the financing side of things?

What about including that it's our first home purchase?