I'm eager to learn from those who have already navigated the challenges and opportunities of multi-family investing, and I'm equally excited to collaborate with others who are just starting on this path.One of my main goals is to find a team of like-minded individuals where I can contribute my skills and knowledge while also learning from others.

I think DSCR Loans are definitely in your future as you continue to grow your portfolio but probably not the best fit here:-Can strictly not use DSCR for any property you live in - would technically be possible if you moved out, leased up the unit you are currently in and provided good documentation that its legit - but this is a firm non-starter for DSCR (absolutely no occupying the property)-DSCR Rates at best are in the sixes on a cash-out refinance - so you would be doubling your interest rate at least on the current property - which could make sense but its a pretty high hurdle.

Thanks,Chris They don't have any purchasing power why not sell to a firm who is well capitalized and has a lot of purchasing power?

My wife and I are based in the Southeast Michigan and are eager to dive into real estate investing to create generational wealth and ultimately escape the rat race.A bit about us: We have a combined $16,000 in savings and approximately $150,000 in retirement funds.

the PM firm the STR and the LTR.   

I will do my best in my letter to be firm, but not as to infuriate them!

You could reach out to Kevin Kim at Geraci LLP in CA who's firm does securities and PML law in all states and is intimate with CA, OR, WA, and ID laws as well as corresponding state specific financial institutions governance (in WA it's called DFI or Department of Financial Institutions) and how to navigate their expectations accordingly... 

Hey Dave,I did my 1031's with a firm out of St.

Hey everyone!Real Estate has always been something I was interested in pursuing to achieve financial freedom and just never knew how. After my daughter was born I've decided to take it seriously, actually learn what I...

If anyone has a person or firm in mind that I could reach out to, I'd be grateful.