Investment Info:Small multi-family (2-4 units) buy & hold investment.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

Quote from @Mitch Seiffert: I have a single-family house in Minneapolis that I've been approached by a couple of parties interested in using it as a group home.

I currently have around 20k cash for a down payment and that is steadily increasing so I want to pull the trigger soon.I'm interested in Fort Wayne for a few reasons:- I have some family in the area (they won't be involved, but have some general knowledge of the area)- Decent schools- Low crime- Airport- Low pricesAny advice or connections are welcome as I am completely new to this.

He is one of the partner ,there are many others In this partnership,as in, they all pool the money to buy land and build large single family homes .

I've wanted to share the episode with friends and family but I can't track it back down. ....

Outside of real estate, I enjoy spending time with family.  

.: Quote from @James Jefferson: Hi, I have a family member that had a reverse mortgage on their property it's a 3b 1b 1 acre of land heats by oil no hvac and on well water.

Investment Info:Single-family residence fix & flip investment.

The contract was a simple 3 page one and I wrote this in.Also, it is a single family being rented as a rooming house (which is technically not legal here).