Hi Everyone,We are exchanging for the first time from MFH to NNN retail properties. 

We are now moving into our second home and renting out our first property.

Figured I would start a little series talking about my day to day in note investing and what the gurus do not teach you as they always make note investing seem black and white where in reality, most of it is in the gray area.Here is an example, you foreclose on a property and the property is still occupied.

The property's location and price point aligned perfectly with our strategy to execute fast-turnaround, high-profit deals.

For today’s episode, I'm planning to purchase another rental property and have been researching various down payment strategies.

Where are prices rising and falling and for which type of properties?

I haven’t made my first initial purchase of a rental property but I definitely want to and have plans to do so.

I manage all properties myself plus I'm HOA president at the 5 unit condo. 

I have goals of obtaining enough MF property to replace my current career by the age of 50 (I'm actually shooting for $6K/m by November of 2026 because, why not?)

If you have a history of having rented the property by the room, a lender will very well look at the rent you have gotten and lend based on that (or at least the DSCR won't reduce below whatever LTV is offered on the appraisal).