I live in Phx,az and recently friend of mine sold his bank (ex bank of america) literally as is and profiteed $300k  , he purchased it right out cash last year (I think) and it was in real bad shape in a shady part of town,  before him taking possession of the bank  homeless people where living inside it an using the bathroom anywhere in the building, he put maybe less than $5k in just cleaning it up and just a couple of days sold it.Basically the idea is to find super cheap homes in ****** conditions but the price is so cheap that you could still make profit by selling as is, investing as little as possible..

Hi - I am currently under contract on a house I am purchasing.

This year I'm looking to pick up a multi family property, rehab my first house, and pick up at least one more airbnb (either purchase or as a long term rental arbitrage).  

In this event you will be able to purchase the property for less money now and refinance at a lower rate when interest rates drop, making your deal that much better!

In general you can use funds from a HELOC to purchase and renovate rental properties.

In NY my broker handled that for me and when I bought in San Diego I purchased from the owner so the realtor who was "representing" both parties, just did the paperwork.Thank you again! 

Certainly appliances and fixtures and as far as I understand, other improvements. 7) Regarding a cost segregation study, given my property purchase of 2021 and in-service date of 2022, am I correct in thinking I could still have a study done and use 100% bonus depreciation for 2022?

Purchase $430K - Rehab $200K.

Quote from @Zeke Palmer: Does anyone have any guidance or tips for purchasing properties thru Ohio Sheriff Sales?  

I started purchasing a small multifamily in Columbus, Ohio 2 years ago.