I am in the process of settlement on my 1st property in 1 week. i have a 5% down conv loan thru a credit union bank. this a duplex and is a row house. i plan to live in one unit and rent out the other. the seller is also selling the duplex property next to it.

Looking at bank statements, reviewing credit reports, getting 2 landlord references, etc.

I found him tenants with good credit before the end of the month.

If your credit is good and you can scrape $25K together, you would be better off buying a SF rental.

I have an 800+ credit score and access to over $100k in revolving credit and much more than that in personal loan offers, but currently have less than $10k in cash reserves, which I plan to build back up to $20k in two months.My mom, in her mid-50s, wants to invest in real estate as a means to improve her retirement.

You can call local banks typically credit unions in the area to see if they have a construction loan product.

- **Addressing the Cesspool**: Since the cesspool is a known issue, consider including some language in your listing that reassures buyers this is normal for the area, and perhaps offer to cover some closing costs or provide a credit toward upgrading the system if necessary

Do you have consumer debt (car notes, credit cards, etc.)?

.### Other Considerations- **HELOCs (Home Equity Lines of Credit)**: You can take out a HELOC on each property or on a few properties to pull out equity.

I also have a $175,000 line of credit ready if something catastrophic happens.