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Updated about 21 hours ago on . Most recent reply

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29
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3
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Adriana Mendonca
  • Florida
3
Votes |
29
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Finding a deal

Adriana Mendonca
  • Florida
Posted

Hello everyone. We’ve been actively analyzing deals in our local market, but nearly all of the properties we’re seeing right now aren’t cash flowing. Rents in our area are relatively low, inventory is sitting on the market for about 2 months (both for rent and for sale), and even after adjusting purchase price, down payment percentages, and other variables, it's still very tough to make the numbers work and we understand the market cool down conditions right now. We have the capital for a down payment and are ready to buy our second investment property but it has been hard. Thank you and given the current market conditions, What else can we look at to find better deals? 

  • Adriana Mendonca
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