You magically get the seller to cover every single closing cost (A $12k gift, or a trick to get you to buy their problem.).

Investment Info:Condo buy & hold investment in Rowland Heights.

Investment Info:Small multi-family (2-4 units) buy & hold investment in Jamaica.

I’m trying to buy a second multi family.

I used to do essentially free consulting with new investors on it but gave it up for some of the same reasons - everyone thinks you can just sit at home and buy good properties across the country that are in great shape. 

For the mortgage you are looking at, you will be buying the mortgage on which apx 80K is due for apx 14K.

If you are buying good properties you shouldn't ever need a property to carry another property.

- What metrics do you use to measure "good"Ex "Hi I'm looking to buy a single family home in Richmond TX in the $150-200k price range.

@Fabio Cattolico"if I could get an out of state property for a great price and the numbers seem promising, wouldn't it be good to start off like that if I'm in a place where buying is unaffordable?"

If you are going to continue buying, you really want a lifelong mortgage advisor in your corner who will help structure loans in your best interest.