Quote from @Nicholas Goerss: Hello all,I am getting ready to start looking at lender for my second conventional mortgage to buy my second property.

What about property tax prorations. 

In Martin County Florida we are interested in a property that max plaintiff bid is $408k can you get it for lower than that?

I am quite interested in this property for multiple reasons , but the math isnt working.

If I were in your shoes, I’d focus on house hacking in Phoenix by exploring multi-family properties or using the BRRRR strategy with undervalued single-family homes.

@Jason Munns, are you looking to buy investment properties in the U.S. or Canada?

@Daniel GrantzRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

You don’t just need a general admin—you need someone who understands tenant turnover, screening multiple tenants per unit, handling lease coordination, and managing communication between roommates (which can get messy fast).A solid VA for this model should be able to:Screen inquiries and prequalify tenants based on house rules.Manage listings on platforms like Facebook Marketplace, Zillow, and Roomster.Coordinate move-ins/move-outs and track leases for each tenant.Handle maintenance requests and keep an eye on potential conflicts between tenants.Chase rent payments if needed.If you’re thinking about hiring one, I’d focus on VAs with property management or co-living experience—not just someone who has worked in real estate generally.

Why borrow against an investment property at a higher rate than you can against your primary?

What type of properties are you seeking, 2-4 MF, or 5+ MF?