Notably, by the year 2022, I further expanded my real estate portfolio with the acquisition of another condominium, which I presently employ as a house hacking investment strategy.

He purchases a duplex primary home this year and in 1-1.5 years he purchases a nicer larger 2-4 unit, maybe in a more desirable area – that would make sense and generally get approved with primary home financing assuming of course he was going to occupy a unit.The whole strategy he plans to employ requires a “move-up” each new purchase and he already has a SFH which causes a big hurdle in the “move-up” strategy so once again selling that would behoove him.The plan he didn’t mention which is really the only plan that will work in the short term is:Sell current primary homePurchase owner occupied 2-4 unit with 5% downPurchase additional; 2-4 units with 25% down with the remaining proceeds from sale of primaryI am happy to make an introduction to Richard if you would like to discuss further.

This fact will help every employer in the region keep and attract the employees needed to make them successful.The Realtor.com analysis of Toledo notes that we’ve seen our “share of troubles over the past few decades,” but the real estate market has remained resilient with good options in the city and the suburbs.

The amount of capital you have to raise to leverage yourself would be better off spent in the S&P 500 or employer matching 401k.

I am a self-employed investment property contractor.

@Eric Stewart only recourse is to take tenant to small claims court, which you'll need supporting language in your lease to win.Then you'll have to go back to court to get a garnishment against tenant's bank or employer.

For income verification, I plan to obtain a copy of the employment contract.

I use the following criteria: Applicants minimum requirements Policy:Applicant’s gross monthly income must equal approximately three times or more the monthly rent.Applicants must be employed and be able to furnish acceptable proof of the required income.Applicants must have a credit score at or above 600.Applicants must have good references concerning rental payment, housekeeping, and property maintenance from all previous Landlords.Applicants do not have a history containing evictions.Applicants do not have a history with felony convictions.

We love the Biggerpockets community and since this is a public forum, I’d like to share that Beverly is 100% correct that our CPA firms are part of our community and use our platforms, trainings and resources, but they are also all business owners and entrepreneurs themselves and are not employed directly by WealthAbility.

Population is growing aggressively and jobs are moving here especially with major employers like Intel, Google, Amazon, Nationwide, etc.