Investment Info:Single-family residence buy & hold investment.

Fico while they will look these are not credit score driven loans like those buying rental houses or houses to live in...

However, there are ways to leverage SBA loans so they can buy a new primary and then look at their current property as an investment property and secure a DSCR loan to redevelop and rebuild.

Local Investment StrategiesHouse Hacking: Given the affordable entry prices, Albuquerque can be a great place to start house hacking, especially near the university areas.BRRRR: For those familiar with the Buy, Rehab, Rent, Refinance, Repeat method, there are opportunities in Albuquerque to purchase under-valued properties, especially in areas undergoing gentrification.Airbnb/Short Term Rentals: As previously mentioned, the city's rich cultural appeal can make certain properties lucrative for short-term rentals.

I am actually open to hear about other areas in the states, but the general direction is Jacksonville at the moment.I totally agree about the partnership part.That is why I am working with one :) Are you thinking of buying in Jacksonville as well?

I am a young, new investor looking for some advice on a potential buy.

I plan to buy my first rental property within 2 years (by Dec. 2026).

If he is ok with not owning the properties  The easiest thing to do is buy him a house. 

You said you're trying to buy the house from someone who is in foreclosure (not yet foreclosed on).  

My goal is to buy a house in the area and house hack the remaining rooms.