Seems like a lot of folks prefer SFH, but I bought a Townhouse because it seems like it is easier to maintain (HOA covers external, landscaping, and neighborhood amenities).

Having bought 15+ houses and condos and toured many dozens more, this always seemed like a waste of the agent’s time, with only an arguable security benefit to sellers.

I bought the duplex for $145,000 which put monthly payment at $918 monthly.

This was my first investment property and I used a loan from my 401k for the down payment and also used a local credit union for a 10% down payment on it when I bought it.

The thing is I've been learning about real estate for almost 2 years and still haven't bought my first property and it's driving me insane .

I ask people who buy these lists - what are you doing differently than the other 5,000 investors that bought the same list ?

Since you have bought a foreclosure before, at least you have experience with the liens and the process, but you won't get a final tally of the liens unless you can get your title company to run soft title search for these things in advance.Closing on a foreclosure anywhere in Brooklyn seems like a nightmare to me from an operational end.

thanks for being so direct. the LP bought at 4 cap.

Purchase price: $365,000 Cash invested: $550,000 Bought to live in, forced some equity and was able to get out almost all of my cash. 2.3% interest rate!

We bought a 140 unit fixer facility in Louisiana awhile ago and are having a tough time filling it up.