Purchase price: $330,000 Cash invested: $40,000 Hey everyone, I wanted to share a personal story about a property I purchased and renovated in Hudson County, NJ.

For mobile homes, it often depends on whether the property is considered real estate (attached to land) or personal property (if it’s not).

I personally wouldn't buy an old home as a rental, I only buy 1980 or newer for myself, all of my properties are in the north part of Gilbert built between 1985-2003.

Feel free to ask anything, anytime.Cheers!

@Richard Rafferty, given the relatively small nature you are looking to take on with your first syndication, personally, I would find it hard justify the typically 20-30k+ for a paid mentor. 

Personally I'm against these types of programs, especially 5-figure ones.

It actually says “Loans to Partner (or persons related to Partners)”.

Welcome to Bigger Pockets @Joshua KeimAs a fellow Memphis native, I’d love the opportunity to connect in person and discuss strategies with you!

Now were back to a mare normal world where a person has to have that skill of forecasting, analysis, ability to "read the tea leaves" for where it's all going and if todays acquisition makes sense. 

I’ve built a 12-door portfolio here since 2019, and it’s been one of the best decisions I’ve made in real estate.If you’d like to dive deeper into Detroit-specific strategies or need some pointers on how to get started, feel free to reach out!