While these loans make it easier to buy a property, they come with challenges:- **PMI Can Be Costly:** With less than 20% down, you’ll likely pay $150-$300/month in private mortgage insurance.- **Interest Rates Can Affect Refinancing Plans:** If rates increase, refinancing to remove PMI or lower payments may not be an option.- **Scaling Can Be Tricky:** FHA loans are typically for primary residences, meaning you’ll need to strategize if you plan to purchase additional properties.Thinking through financing options and backup plans before you buy is essential.### 5.

@Geoff Engel If you don't want to be a landlord but still want to be involved with investing you could be a private money lender for flips or in partnerships and bring the money to the deal.

and the property had a private dwelling value appraisal much higher than the public property appraiser claims. 

I'm currently in Potomac, working at a private school here. 

Find a private lender who would give you that debt for a lower amount.

A customer of mine happened to be a local real estate investor and he owned the land next to my business. 

Validate their Legitimacy:Ensure the company is properly licensed and regulated, particularly if you're working with private lenders.

(can private message if that's better, if you're willing to share).

They’re requesting what feels like an unreasonable amount of information, and the demands keep escalating.So far, they’ve asked for:A video tour of my home officeCredit checks on me and my partnerCopies of the deeds for every property we ownA copy of my partner’s home lease and utility billsBusiness phone billsA signed letter from the bank verifying our accountsBank statementsHonestly, it feels more like qualifying for a loan than trying to become a customer.

I do a lot of private lending and we do make some passive interest, but the good fixing flippers make the bulk of the money.