It's also wise to check references from previous landlords to understand their payment history and behavior as a tenant.Once all the information checks out, you can proceed to signing the lease and collecting the security deposit and first month’s rent.Good Luck!

If I am doing the security deposit I want to quickly see how old that carpet or paint is.

Ceiling fans need to be secured differently than a basic ceiling to be stable and this is of course electrical work so allowing a tenant to potentially do it is a liability issue if they got injured. 2.

Initially, my goal was to secure a multifamily property using my VA loan for leverage, focusing on long-term rentals.

Since you don’t have a credit score yet, think about getting a secured credit card to build it up—it’ll be key for real estate financing.

What kind of terms have you been able to secure?

When you choose a living situation with other people above, below or beside you that share walls, especially an older building, you should not be surprised that you may hear babies cry, toilets flush, alarm clocks, phone calls, etc.

Quote from @Muhamadou Kaba: Quote from @Jay Hurst: Quote from @Muhamadou Kaba: I have a duplex in northern Detroit, Michigan (near Wayne State) that was ...Hey man, I'm curious if we can secure you an 85% rate/term refinance.

The capital called equity, or common equity, is the cushion that makes preferred equity more secure so that if values decline further, they can still recoup their investment.

To make this deal worthwhile, you’d need a lower purchase price, better financing, or higher ARV to secure a comfortable profit margin.If you need help structuring financing, let me know!