Make sure you’re working with a lender who has experience with 203(k) loans and a contractor who understands the program’s requirements.2.Loan Process Can Be Slow – Unlike a standard mortgage, the lender will be heavily involved in the renovation funds, which means more paperwork and potential delays.3.Strict Repair Guidelines – The work has to improve the home’s safety and livability, so luxury upgrades usually don’t qualify.4.Living Through Renovations – If you go with a Limited 203(k) (up to $35K in repairs), it’s usually manageable, but for a Standard 203(k), major work might require you to live elsewhere for a bit.It’s a solid strategy, just make sure you’re working with the right lender and contractor so things go smoothly.

From my experience working with over 400 investors, those who start with house hacking scale much faster.Good luck!

Open to any suggestions or past experiences, thanks!

I don't know if you'd find those people on Airbnb or VRBO from my experience - depends on area.

How’s everyone doing ?I’m very new to this but I’m proud to say I am now an investor, I just haven’t invested in anything yet. I plan on taking a few years saving my money and learning as much as I can about real esta...

We have over 20 yrs of experience in managing here in Memphis. 

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

I have an associates in human services but I am wanting/ willing to get experience where I can learn more of the ins and outs of real estate whether it be loans, property managment, etc.

I am breaking into real estate investing and have extensive experience in condo / townhome law and association laws.

Would love to connect with anyone that has a lot of experience with how to navigate these foundation issues and how you succesfully invest in DFW real estate depsite this issue Some people are not phased by the foundation issues, others are.