It’s an interest free loan but it’s not a gift unless you die in less than 27 years while still owning it or it’s 1031 exchanged property. 

@Melissa HaworthThank you so much on your insight in PCB and Destin.

Local lenders might have specific insights into the market, but it really depends on the type of loan and property you’re pursuing.As for your credit, applying to multiple lenders can result in hard inquiries, which could temporarily impact your score.

Any insights from your experience, whether positive or negative, would be greatly appreciated.The attached link explains the current situation with the Detroit Housing Commission (DHC), highlighting that they are severely understaffed and have limited communication with both tenants and landlords.

Well I’ve been building houses all my life I just turned 21 back in October and I’ve been wanting to get into investment properties for awhile but nobody around where I live does it or if they do they don’t want to give you insight or advice and I’m just nervous about losing money igWhat's the struggle on the four-plex? 

You can only use a 1031 exchange for investment properties, not a home you live in.

Can anyone provide any insight has to the success  rate of investing in Texas? 

I think there is so much value in having a supportive network, so I'm looking to set up a monthly lunch for us to exchange ideas, tips, and encouragement.

I’m now venturing into new opportunities to expand my expertise and grow my portfolio.I joined BiggerPockets to connect with like-minded individuals, share insights, and learn from the incredible wealth of knowledge this community offers.

This will provide a better reflection of the property’s true market value based on its current use.DM me if you need more insight