Closing costs are a necessary factor in any loan process and to be expected.

My main goal is to find something relatively close to the DMV area but without the DMV price tag.

Hi there - I am starting out in real estate investing and am trying to build a portfolio of rentals that can produce enough cash flow for me to eventually leave my job and make real estate my main job.

However, the suitability of buying and renting out a single-family home in Richmond can depend on various factors, such as market trends, rental demand, and property values (similar case with all markets, really.)Chatting with a local agent in the area can provide very helpful insights into the market, data, and specific neighborhoods.

I lend Hard Money, Fix n Flip, DSCR, and Bridge mainly on the investor side.

What factors should I consider when making this decision?

There was positive population growth, medium home price growth, low unemployment, good rent to home ratios, and low crime, all of which are factors when I start looking into an area to invest in.  

The structure is mainly appreciation-based, which minimizes tenant and maintenance risk. 

@Abdul HafeezRates and LTV depend on many factors. 

Exceptions include delays caused by factors outside the Subcontractor’s control (e.g., weather, material delays).5.