Yet another Newbie - I want to buy income!!

[Mark Yaffe]

Live in Boston - too pricey...thinking Orlando or other areas of FL. I get to travel for a living so I'm always on the road and I need to start small and learn the ropes. Should I aim for a duplex as a first purchase?....Is it possible to finance more than 75% of purchase price?? Thank you!! :)

[Ian McKeown]

Mark, there's plenty of SFR deals to wholesale, fix/flip or invest. The MF inventory is light in Orlando but you can great MF deals in other FL markets. You'll be very successful if you set your targets ahead of time (capital going in, hold period, leverage, demographic, equity multiple and/or IRR).