With that being said, there's very few that will do <$100,000If you don't find a local bank/credit union to do it for you, feel free to PM me

A lot of forum members are experts in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, buy and hold investing, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.There are some pretty nice discounts on many products and services offered as Perks to BP members that you might want to check out: https://www.biggerpockets.com/perks/proIf you haven’t been to it already, the Bigger Pockets blog features links to their fantastic podcast and many great articles: https://www.biggerpockets.com/renewsblog/The site has quite a few tools that can be helpful for new members.

In North Jersey, buying is difficult from my beginner perspective with high prices, property tax, etc.Barrier to entry feels high in my area.

Finally, just because you can't discriminate doesn't mean they get a free pass.

A lot you can find for free on YouTube.

market=Montgomery%2C%2...The lower property taxes in Alabama can help with your bottom line. 

Unless the borrower is self employed and takes a lot of expenses to show lower income on their returns then it usually makes sense to pay a couple thousand a year in higher interest (you can pay like 4,000 a year in additional interest for DSCR if you are saving 30+k on your tax bill kind of math lol)

My clients tend to have net worth of 1 million to over 100 million that are individuals.As you move up the net worth list cash flow tends to drop down on the list of concerns to maybe 3rd after wealth preservation and tax benefits.Residential is more of a work for yield play.

On your tax return you would report the proceeds, subtract costs and proceeds paid to seller, then the remaining profit would be your flat fee.

This is day to day spending, rent collection, tax/utility payments etc. (1) account for all security deposits, (1) account for parachute fund, capex items etc.