All Forum Posts by: Kurt McDowell

If you are dead set on working with Conventional Lenders that follow Fannie/Freddie guidelines, reach out to a broker that only works with investors.  I prefer private lenders that lend on the asset not the buyer, some offer 30 year fixed, non-recourse, and work very quickly.  I can provide contacts for both if you want, PM me.

Find an investor in your local area and ask to work for him for free

You have to balance the long term exponential growth and dollar cost averaging that your 401k probably provides versus the higher ROI, tax benefits, cashflow, and multi-dimensional aspects of Real Estate Investing. Just make sure the property you purchase is actually going to give you that higher ROI, which should not be too hard, even Turnkey provides better returns than the stockmarket. There is a way to keep your moving moving both in Real Estate and inside paper investments at the same time by leveraging two vehicles at the same time, but that is the next level....

yep

You can leverage your first property to buy future properties, but you have to buy it low enough for the equity to bridge.

Many, that is usually the best way.  I recomend talking to Mitch & Monique

10% to 25% down seems reasonable.  Depends on if you are using conventional, private, or hard money

You could BRRRR, Wholesale, Flip, Wholetail, etc. What do you want to do and why? You could charge a finders fee or an assigment fee after you have it under contract. No, it is no illegal to buy property with the intent to purchase and then sell your interests before closing. You could work with an Agent, you would have to find one that knows more than you do about what you want to do, which is a bit unclear.

It can be, depends on if it is a refundable deposit or non-refundable deposit

One of my companies invests exclusively in multifamily.  No, not SC.  In the Ozarks from Branson to Eureka Springs.  A few years.