All Forum Posts by: Denver McClure

What area is it in? Section 8 is fine, but not the most profitable strategy depending on it's location. Any chance you can furnish the units and make the medium term rentals? LTR is always a good choice if the numbers work, but I would lean towards standard residents over section 8. 

@Jeff Nash helps of lot of people in the BP community. 

@Stanley J Black might have options for you!

@Whitney Nash would be a great person to speak with! 

Hey @David Delmar, we can get this done for you. Feel free to reach out.

Yes sir! Just took a screeenshot of what it looks like in their portal!

Hey Marc, I use Baselane and have been having a great experience with it!

Hey @Chelsea Whitt, where are you getting the ARV estimation from? If from a wholesaler, then I would absolutely double check those numbers! Rents seem to be solid for that purchase price, just run your numbers and factor in vacancy, ongoing repairs, PM services, and CapEX. If everything checks out, then you should be good to go.

As far as your lending options, the answer depends on how much risk you are willing to take. If the HELOC secures the deal for you and the numbers work, then I'd consider taking that route but not at the extent that it impacts your household budget too much if the property does not cash flow.

Feel free to shoot my a PM. We can chat about it in detail!

We have several that can get this done for you. Feel free to PM me if you'd like.

@Stanley J Black and @Jeff Nash can get this done