I returned a few days later to find that he had spread gravel across the front yard and under the front porch!

House hacking is definitely one of the very best ways to get started by putting less than 3-5% down then doing the same thing a year later.

You now know your cash flow and what you can take out.Investors' problems sometimes include not budgeting correctly for repairs and maintenance and not factoring in a set amount that they will be contributing to their reserve account for CapEx (if you have CapEx repairs coming up sooner than later, put away more money into reserves now).To summarize, factor in all expenses and your monthly deposit into your reserve account before calculating your monthly cash flow.

Well, 500 deals later, (about 15 in LI the rest in Cleveland) there is nothing I have not done.

Hello, I am currently an 18-year-old entering college who aspires to become an investor later in life yet I understand there's a lot for me to learn.

Some lenders may view this as a more complex scenario, especially if you plan to refinance later.

I did some financial modeling for an RE Agent I wanted to build a relationship with, and a year later he gave me some great recommendations on local tradespeople.

With a 24 month stepdown, if you refinanced one year later you would only incur a 1% charge on the total outstanding loan amount.

Then the inspector gives results to the insurer, they decide whether to cover it, and issue a policy a few days later.  

I then closed 38 days later.