Any general advice is much appreciated.50k is more than enough money, the biggest question at 22 is are you ready to buy a property and be kind of locked in for 3-5 years.

Chris, Agreed & I see a VERY low probability that interest rates will be in 4s or 5s in 2025, so those deals with variable rate debt will likely continue to bleed. no chance rates will be in the 4s  potentiall higher or mid 5s though.. we just locked in a 6% so getting close. 

I made sure I locked in the  contract then and there because I knew I was getting a good deal and I didn't want to give them time to "think about it" .

Students are so scared they don’t say anything in hopes their family won’t lose it all.After four years of running a deceptive business and getting students locked into deals with them and their employees or associates, the owners are trying to split up and there's a lawsuit between them.

You'll need documentation of the cost to replace, hopefully, pictures from your cleaning team before their arrival, an owner's closet with lock for supplies, and limit the number of supplies you provide to a determined number.

The ability to get funding in just a few days can make a world of difference, allowing investors to act quickly and lock in the best opportunities.I’m curious, in your experience, what strategies have you found most effective for building strong relationships with reliable direct lenders?

It was only locked at the low rate for 6 months.

We locked the property up for $240k knowing full well that we were in for a lengthy eviction process.Massachusetts is one of the most tenant-friendly states, meaning that evictions take time—sometimes a lot of time.

Once you get this information to them you will also be required to do a zoom call and walk around showing them some of this info - the office, any signage, and locks on doors.

You lock in your interest rate and if rates drop you can prepay at any time and refinance at a lower rate without penalty.If the deal is commercial, whether commercial multifamily (5+ units), office, industrial, self storage, hotel, you name it...the choice becomes far more difficult.