Keep in mind, though, it costs a couple thousand a year for board memberships/MLS access/errors & omissions insurance/broker fees.

Keep in mind, many DSCR loans have prepayment periods, so if you enter into a 3 year ppp, then refi out after 12 months, you will have to cover some penalties at exit to the consumer loan.Cheers!

The people still need to sell, but no one in their right mind will buy it.

A great place to start is https://www.biggerpockets.com/meet which you can use to find like-minded people in your area and every other market across the nation that you may consider.You'll find some helpful tips at https://www.biggerpockets.com/starthere.For tips on how to get the most out of BiggerPockets, check out: https://www.biggerpockets.com/rei/biggerpockets-com-tutorial/The BiggerPockets Keyword Alert System is an awesome tool: https://www.biggerpockets.com/renewsblog/2012/12/1...See you on future threads!

Quote from @John Key: Quote from @Nate Marshall: Quote from @Jonathan Cooper: Quote from @Nate Marshall: Quote from @Jonathan Cooper: it may be worth it, but keep in mind it is only for sub2, so it certainly will not be enough to give you the proper knowledge for real estate investing Truth.

The seller must've been very motivated to retire...are you buying any residential properties now or does this project pretty much consume all of your attention these days?

Quote from @Michael Klick: Quote from @Jonathan Greene: HELOCs are fine, but keep in mind that you really only want to use 50 percent of less (each) of your available equity just so you aren't creating a problem that you can't solve later if the value of your personal residences fluctuates.If you both have W2 jobs though, have you looked into getting qualified together and just getting a loan, 10 percent down each?

Keep in mind, such an appraisal may not be able to be used by your lender, but perhaps you can request an appraiser with investment property experience (wherever they may be). 

Unequivocally yes.These situations weren’t fun, but keep in mind that I have successfully hosted thousands of guests in these homes with great success.

Surrounding yourself with like-minded individuals and continuously learning is one of the best ways to build a strong foundation in this space.I’d love to be a resource for you as you explore different strategies.