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All Forum Posts by: James Mulrain

James Mulrain has started 1 posts and replied 2 times.

Post: Borrowing for first deal

James MulrainPosted
  • Rochester, NY
  • Posts 2
  • Votes 0

Yes, essentially and Ideally iwould be living In one of the units. 

Post: Borrowing for first deal

James MulrainPosted
  • Rochester, NY
  • Posts 2
  • Votes 0

I am looking for a rental property with a conventional loan. I keep losing out on properties that are being bought at all cash and no inspection. I'm new to investing and am looking for my first rental for owner occupy. Is there a way that I can purchase a rental property with all cash and pay back the cash with a percentage on return by me using a mortgage to pay the lender? I'm trying to be the sole owner without other investors being involved long term.