I own a couple vacant lots and looking to purchase more in a small area. 2/1s in Memphis, as far as I know, are as desirable as in a bigger market.

What purchase price? 

A couple of months ago, I purchased a property using a hard money loan for $115,000.

Purchase price: $516,000 Cash invested: $600,000 Converted mixed-use 3 residential and large commercial space into 5 residential units and one mixed-use Building.

@Roberta Allen - i purchased with the upgrades.

I’m a new investor who purchased my first rental property this past year, and I’m eager to learn and grow my portfolio.

Purchase price: $45,000 Cash invested: $45,000 Single family buy & holdHey @Malcolm Grundy!

If you have not already purchased this policy, I would look for a policy that provided a stated amount deductible for wind/hail vs. a % deductible.

As you purchase more, your net worth will go up more quickly than the savings in interest with the other option.

@Brandon Stelling As a military veteran with 100% VA disability benefits, you can leverage VA home loans to purchase properties with no down payment, no PMI, and favorable terms, including multi-family properties for house hacking.