I have high equity in my current duplex so planning on using that to fund down payment for the next property.  

They just skyrocketed.

In fact, just finished one that I have yet to put on the market. 

I'd be going to as many in-person networking events as possible...here is a list of the BP events:  https://www.biggerpockets.com/forums/521-real-estate-events-...I have a separate list that is more encompassing that I can share as well!

If you purchase over that limit, you just put 25% of the difference down.  

That being said, every FHA loan has UFMIP which is 1.75% of the loan amount, as well as monthly mortgage insurance pmts that are about 0.5% of the loan amount annually.

Hi Kin,Transferring your share of the property to your brother may have tax implications, including gift tax if the transfer is considered a gift.

A few times our door knocker team doubles as "movers" litterally.- You will have to come out of pocket for the arears, fees etc, just to get into "contract" some times $20k or more and all you have as protection is the word of someone who's proven to be unreliable and a signed piece of paper... 

Quote from @Simon Girmay: Hi Everyone,New to investing as I don't have any properties under my belt yet, but the goal is to have something by the middle of 2025.

We along with our clients use conversational AI for follow up as well as handling leads after hours and on weekends.