Home is potentially upside down on mortgage (verifying that) and current owner wants too much for the house.

Focus on smaller single-family homes, condos with low HOA fees, or multi-family properties in these regions, and build a reliable local team of agents, property managers, and other professionals to ensure a smooth investing experience.

I bought a single family home for cash in November, did the renovations and now have tenants.

It will be an identical home to the one I’m currently building, and I expect to need no more than $160K in financing.I’m not looking to overextend myself by taking on too much debt, but I want to make sure I’m approaching this in the right way. 

Is it legal to offer to rent the property back to the homeowner who already lost their home to foreclosure when negotiating the redemption rights purchase? 

I’m a home inspector and Field Services Director at Pro-Spect Jax in Florida, where I help homebuyers make informed decisions about their investments.

A friend of mine had a similar journey - they turned their old home into a rental property and soon realized they loved managing tenants and exploring ways to add value.

This home was located in a zip code that is notorious for its ultra-modern design (though those homes are still sitting for sale).

Not much has changed in my life, but if I now have to finance a rental property vs primary home, my options change. 

Rates are going to start to fall in or aroud May/June of this year so by the time you have purchase the nest home you can do a "Rate & Term" refiance and lower the rate on the first home.