Financing an ADU is more challenging than ground up construction.

Once you sign up there’s a ton of other systems (Freedomsoft, Prycd, Mailers, LLC, phone lines etc)he recommends that you get in order to do his program successfully.

What you can learn from this and show them can set them up for life.  

It’s been bumpy with positive income. lots of expenses,  220 w batteryinstalled, utilities , gardener,  Water heater etc and cohost is eating up positive.

•Pricing slightly under market can speed up leasing and help you avoid unnecessary vacancies.

I am getting into Real Estate investing but am a rookie looking to connect, learn, network, and pick up any lessons along the way. 

No I drew up my own contracts and filed the paperwork myself

Yes, we might end up doing it faster but I want to underwrite it with a longer timeline since this is our first one just to be safe and we would likely try to do some of the work ourselves to save on some demo and reno costs. 

Citizens first position HELOC CMG a financial 70% LTVEast West Bank, up to 60% LTV with "no docs” Figure 80% on a rental, not in LLC First Florida Credit Union https://firstflorida.cumortgag...

That shows real estate can be possible for anyone; in my opinion, I know everyone has unique and challenging situations, but in principle, anyone who can follow some basic budget fundamentals can save up enough for a down payment.Grateful BiggerPockets continues to bring more people into the industry!