My best advice when diving into investing out of state is to find a realtor who can easily plug you in with their systems and network of  lenders, GCs, PMs, etc.

On paper, it's a good asset with a good rate to work off of, but thinking you can easily convert both units to 3-bedrooms in Queens is a mistake, one that could cost you.

Based on what you’re looking for—keeping business and personal finances separate—using a DSCR (Debt Service Coverage Ratio) loan might be a great fit for your situation.Here’s why DSCR loans could benefit you:LLC-Friendly: DSCR lenders typically allow the loan to be taken in the name of an LLC, so you can easily transfer the title to your LLC and keep the property separate from your personal finances.

Whether it was a win or a tough learning experience, I’d love to hear your insights on what you’ve learned about flipping that’s different from other types of investments.

I went to court and lost of course.My first question is are you in a state where you can easily jettison the guy if you don't want to continue?

We found a price that was a win-win for us both.

We ended up closing at 240, but I believe we could have easily gotten 260 if we had listed at 249 and created a bidding war.I hope this helps!

Find a win-win scenario that allows them to move and find a home they love living in while allowing you to find tenants who will appreciate your rental.  

Like others, I sniffed out the fake title company pretty easily.

Sometimes just bouncing ideas around makes all the difference.Looking forward to seeing you win, brother!