You can still find solid properties in the $120K–180K range that hit the 1% rule and cash flow from day one while offering great appreciation potential.

The challenge I’m facing is that with current interest rates and only 5% down, it’s been very difficult to find a property in the $800K–$900K range that even breaks even, let alone generates positive cash flow.I’m concerned that by going with a higher purchase price, I’ll be locking myself into a deal that won’t cash flow for years.

Folks who purchased property recently in the 7-8% range are taking advantage of lower mortgage rates, now double last year’s refi number (ResiClub).

There’s definitely been some good BRRRR opportunities around here, especially in the entry-level price ranges.

Open to connect what ranges are you seeing right now on DSCR (rates/LTV/prepay) and hard money (points, draws, true all-in costs)?

On the bigger picture, this is one of the reasons I always recommend markets that are more landlord-friendly and growing strong like Columbus, Ohio, where off-market deals are common and you can still find properties in the $120–180K range that hit the 1% rule and cash flow while also benefiting from major job growth with companies like Intel, Amazon, Google, and Honda coming in.

What is your price range/down payment amount?

The city’s still affordable too, with properties in the $120K–180K range that hit the 1% rule and cash flow from day one.

I’d suggest looking into markets like Columbus, Ohio, where you can still find properties in the $120–180K range that hit the 1% rule and cash flow from day one.

You can still find affordable properties in the $120K–180K range that hit the 1% rule and cash flow right away, plus the appreciation potential is strong.