My goal is to acquire and renovate the Tuscan farmhouse with two units.

Let's connect if you need help in Detroit Identifying, analyzing and acquiring properties in Detroit. 

Begin with smaller projects or wholesaling to acquire knowledge and boost your self-assurance.

With that level of capital you could acquire & manage the assets & tax issues without the restrictions of the REIT structure.

We just looked at a supposed tape of REO's a couple of weeks ago, at 50% of BPO, and they all turned out to be this same HOA auction acquired junk with underlying mortgages.  

Hello all,I am in the process of acquiring a townhome near Waynesboro, PA. 

If the goal is to acquire more properties, it sounds like it'll make more sense to refi the $145k-$160k property since the other one won't leave you with much to re-invest.

Lastly how did you go about acquiring the property?

What is the first type of property you would like to acquire?

I'm specifically interested in acquiring a rental property within the $800k to $1.2M price range in Washington state.However, upon evaluating rental properties in the current market, I've noticed a concerning trend of negative cash flow.