Walkable to locally owned restaurants and the street had mostly owner occupied homes that are owned by long time owners.

Walkable to locally owned restaurants and the street had mostly owner occupied homes that are owned by long time owners.

I'd been looking for a long time and nothing close to what we wanted.

.✅ Talk terms, not deals – Discuss general loan structures, interest rates, and process.✅ Build a lender list – Pre-vet lenders before bringing them deals to avoid public solicitation issues.4.

Since you're wrapping up paperwork, make sure your lease terms are solid, get the right insurance (landlord + homeowner), and set aside some cash for future repairs.

Cash flow is definitely the biggest challenge; both in terms of finding properties to buy that cash flow with a loan on them and just company wide given interest rates and labor/material is up and, at least where I'm at in Jackson County, MO, taxes are way up too. 

There are a few illegal ways but that is the wrong way to get into this business.I have heard all the arguments about how the mortgage company doesn't care who writes the check as long as they receive it.

Interest rates are going to have to come down because there's no way the federal government can afford long-term interest payments at these higher levels, and other countries are going to buy our debt even if their return sucks because there's no realistic viable alternative.

Hey @Jerry Nogueras - I was in your shoes too, born in NYC, and lived between there and Long Island. 

Especially since I’m already the one choosing rates/terms.