So I don't want to spend $90K on a down payment and closing costs and only have $25K to fix it up.

My priority was finding reliable mentors and peers who could help me learn the ropes, offer guidance, and even share insights about overcoming the unique challenges I was facing as a new agent and investor.Networking wasn’t easy at first.

The issue is, I'm not sure if my income will be enough to cover 2x the monthly mortgage payment that most loans require.

This creates a reliable framework for managing these units while aligning incentives with municipalities and other funding sources.We’ve already implemented financial literacy programs, workforce training, and community-building activities to address the underlying challenges that tenants face.

Main benefits to this strategy include:- Low down payment options (as low as 3-5%)- Acquisition experience- Property management experienceThe NYC metro area has nearly 2,000 available 2-4 unit listings on the market.Other new investors consider the BRRRR Strategy.All the best to you on your journey!

Traditional mortgage from a big bank, 10% down payment What was the outcome?

At 7% you will have payments of about $4000 per month and at full occupancy rents of $6600 per month.

What is the best overall water metering company you have found when it comes to ease of installation, reliability, and the cost of the equipment and monitoring?

The mortgage payment is $1,000 on each house, so you earn $500 per house or $2,000 monthly.

Even if you believe you can stomach the monthly payments, paying $20K a year to carry a piece of land based on the information you shared is not recommended.