It sounds like you’re on track, but feel free to dig deeper into any potential risk factors or challenges!

I’m based in the NY/NJ area, and I’m exploring a few different options:1.Bank Loan – I know banks usually require steady income to approve a mortgage, but would a large down payment (maybe 20-30%) and good credit be enough to get approved?

Hi Tanya,You’re on the right track, and setting up an LLC for real estate investing in Colorado isn’t too different from your experience with your real estate media business.

This is a local credit union, this would only be an option for an investor that both owns the properties near Austin, Texas, and that personally lives in the area as well.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

You can start to learn the business, build a resume, and build credit.

Check whether there’s an overabundance of similar rentals or if newer, more modern buildings are attracting tenants away from older stock.You're on the right track by doing detailed research, but don’t let longer days on market automatically steer you away from a zipcode.

In this case, speed is your friend.If you can, pay for repairs out of pocket (or on a credit card or with a loan) do so and then submit the actual bills to the insurance.

I'm only interested in the Grocapitus track record. 

I extended with my lender to buy time until my credit improved but that unfortunately did not happen.