I have had a long term interest in purchasing an investment property and I'm looking to be smarter about this.

These are our first two rental property purchases.

I have purchased an off-market property from an investor who now wants to sell the rest of his portfolio.

You can purchase this with a low-money-down FHA loan. 

If you had good credit (670-730 range), you have 20% to make a down payment, and sufficient income to qualify for the home you want to purchase - Would you choose the FIRST-TIME HOME BUYER or CONVENTIONAL purchase option...which would you pick and WHY?

Congrats on your lot purchase in an awesome Chicago neighborhood like Humboldt Park.

Quote from @Victor Yang: If I gift a house, what amount will go towards the lifetime gift limit, the amount i purchased the house for, or the current FMV?

This sounds like a home run and a great first purchase!!

Hey Everyone,As many of you know, Pittsburgh is a unique market with a lot of opportunities in neighborhoods where properties can still be purchased for less than $100K.

My goal is to purchase my first property between now and mid to late 2025.