Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

Do nothing until you obtain opinion of legal counsel 

It just came out this month and will hit every question you have about that in my opinion.

So in my opinion, it teaches me how to use short-term leverage to build an income snowball...then once I get an efficient and ever-increasing machine...I pivot that into getting more long-term assets (using safe, long-term leverage). 

For investors, this makes this winter a great time to acquire your next deal.To be clear, any correction, in my opinion, will not be related to an economic slowdown, but rather the opposite.

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

In high-cost markets like Chicago, that can be tough to meet.If you're looking at a duplex, the self-sufficiency test doesn’t apply, so you’d just need to qualify based on your personal income and the rental income your lender allows.If your current lender isn’t familiar with making FHA work in your situation, it might be worth getting a second opinion from someone experienced with FHA multi-unit financing.

Questions/opinions on: (1) one property or several, and (2) whether to buy outright or put large downs and then supplement with mortgages.

Extra set of eyes, second opinion and diversity of your own investments

Welcome any thoughts and opinions!