Base the payment amount so you're in that range.

My first questions are what price range are you trying to buy a property in and do you have a home already in the United States?

Popular choices like Fidelity, Schwab, or Vanguard let you invest in a range of stocks, mutual funds, and ETFs.

The only thing that might give me pause would be if I did not have sufficient capital on a building that was older but had appeared to have significant maintenance issues when I was looking at it to buy.

Most of my CFO clients that are in residential development are looking for IRRs (usually over a minimum 5-year period) in the high teens and the commercial developers are looking in the low to mid 20% range.

Hawaiian real estate law differs from other western states significantly, mostly due to its monarchal heritage and the Bishop Trust influence.The basics are the same as would be in California; determine the condition of title ownership (individual(s), estate (including conservatorship, if appropriate) OR fiduciary acting for trust.Use a qualified private money equity lender to make a loan sufficient to buy out the cash-only beneficiaryThe legal community in HI and Big Island in particular is small.

And of course, getting financing squared away is key so you know your price range, which will help narrow down locations and strategies.

Hopefully rents start going up 2nd Qtr and into 2026 and 2027.What price range do you want to be in? 

Navy Federal does HELOCs on investment properties…not sure if LLC is OK…and rates are in the 10.75% range for an investment HELOC in March of 2024.  

You can get solid cash-flowing single families in the 90-120k price range and duplexes in the 130-180k price range.