ilmscore | Prediction Details
"I'm looking for affordable housing so just uh so this is 12 16 units at 1.2 million so you're talking about what's that 75k unit so you're way below average with a value add and then you can refi which just means up the value the bank will say it's worth more money and you can get all your money out so you're getting really affordable housing at good rents and then you're basically doing a burr but at a commercial level so you're getting a free 16-unit apartment complex that's probably not going to drop in rent rate or in value because it's already cheap."
By Investment Joy | July 24, 2022 | Pending
From video
Buying $3 MILLION In Cheap Houses? 00:01:57 - 00:02:27
Interpreted Prediction
The speaker advocates for acquiring affordable housing properties with value-add potential, allowing for refinancing to extract capital and acquiring the property for free using a commercial-level BRRRR strategy. They believe such properties will not depreciate in rent or value due to their already low cost.

Prediction Details

Topic
Real Estate Investment Strategy

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