Another lesson I’ve learned is that buying a single family home as my primary residence to later lease to a tenant is a bad strategy unless I’m purchasing the property at a really low price.

Purchase price: $186,000 Cash invested: $188,000 Bought a single family rental in West Buechel

I've seen folks pick up single-family homes here for under $200K, add $20-30K in rehab, and refinance to pull out nearly all their capital.Indianapolis, IN: Indy is another fantastic market for first-time investors.

HI BP,I am currently looking at buying a single family rental property that is currently rented.

I stayed in a STR with over 200 5-star ratings, and not a single negative.

., "I will buy at least one single-family home, duplex, triplex, or fourplex before the end of 2019") and then do it.

They could offer different products for single family vs multifamily so it's a good idea to get with a lender to see what they can do that may not be your typical mortgage type.

The 15 year fixed would be about $1,000 out of pocket monthly.We own other single family homes in the area and cash flow on those.

One buddy of mine split his time between local flips in Greensboro and buy-and-hold single-families in Memphis.

start with one piece of land for one single family or a smaller development. or get the buy box of larger developers. why would they need to partner with you when they can do it on their own or find someone more experienced?