Financing leverages your investment, allowing for more properties and diversification, but involves interest costs and higher risk.

I'm getting close to my savings mark for getting started so I'm looking to get involved, learn, and make connections.

@William TseChoosing the right property involves market trends, rental demand, neighborhood quality, and future development.

There’s nothing worse than a lender that over promises and then can’t deliver (sometimes they don’t even review your file before giving you the pre-approval letter and assuring you that all is well, charge you for the appraisal and let you go through inspection and pay for that out of pocket too, then their underwriters get involved and discover some reason they can’t process the loan leaving you high and dry).

I also have some strategies involving house hacking that you may not have considered.

If you don’t mind me asking, how big was the project rehab related to the $8K variance? 

The art of negotiating involves asking the right questions and listening attentively.

In Boise, we have a wonderful investor community here, and lots of folks involved from across the state!

It's so easy that you really don't need anyone, but an escrow company involved in the transaction, so you would be saving lots of money. 

Instead of going through banks or credit unions, this method involves borrowing money from private individuals or organizations.A major benefit of private money lending is the flexibility it provides in terms of loan conditions, interest rates, and repayment schedules.