Just like our BANKERS validate and question our deal analysis, you need to be the BANKER.Majority of the Syndication failures going on right now are due to either Short-term financing used on longer term projects- in a period of extreme interest rate hikes, material Inflation, or Covid related supply chain or personnel issues.You as the BANKER, know that all of the above should have been covered by the Syndicator and by you the BANKER. 

However, I know that I do not want all my income to be reliant on my day job and live to watch my retirement account grow.I am probably doing better than a lot of people my age but am eager to take the correct steps to build a real estate portfolio.

Not only can you deduct mortgage interest and property taxes, but you can also claim deductions for property repairs, depreciation, and other expenses related to maintaining the rental units.Learning While EarningHouse hacking gives you hands-on experience as a landlord while you continue to live in the property.

Your credit score needs to stay relatively the same from application to closing. 

"Could this be a time to pickup a decent property for a bit of a steal there (at least relative to how crazy high the market has been recently)"Yes exactly

Take the Ohio crew here for example...anything remotely related to Ohio/Cleveland will be upvoted by that little crew regardless of it's value.  

@Caleigh McDonough age old question.How long will it take you to save the extra funds vs how much the property may increase in price over that time?

A HELOC may be an option but I'm full time real estate (no W2) and have a couple properties and my DTI is relatively high. 

Just curious if anyone else on here had a relatable situation with a lender and what the terms looked like for them.

. • There is no pending litigation related to the real property between the property owner and any known unauthorized person.