If it all makes any financial sense then proceed. 

Buying a property at 7-8% interest today, then having to refi again in 12-18 months at a cost of $3,000-5,000 when rates are back down in perhaps the 5% range is likely taking a step backwards financially.   

There's definitely a learning curve but as long as you're prepared for it all both mentally and financially, it can be extremely rewarding.Also starting up my first STR here in CA soon... just my ADU we're almost done with at our primary.

Financially, I am able to invest a few thousand, ultimately I would like to own a primary home though I am not too certain if it’d be in Las Vegas… prices are insane IMO.

I make sure (1) the borrower has a 10-20% (or more) down payment of his OWN capital invested (2) I understand time value of money and use a realistic and appropriate interest rate to determine the actual value of the note I’m holding and (3) obtain a personal guarantee unless the entity purchasing the property has financial strength in its own right (4) the lien I hold is in 1st position.

That’s why we can’t just go with one buyer—it wouldn’t make financial sense for us.

This is my first investment and planning to invest in multiple properties over the next 5 years get financially independent. please suggest good markets to invest in midwest. i am currently looking in Kansas, Iowa and IL.

Long story short, looking at a Fourplex that would provide around a 5% COC return in my area given my financials/situation (Gallatin County).

If you're serious about building wealth and securing your financial future through real estate investing, you know that financing can often be one of the biggest hurdles.

Let's get real for a second, the 2008 crash was driven by a housing bubble, risky subprime loans, and a complete lack of financial oversight.