Would love to know your experience in either so far. 

The issues that most run into though is the property doesn't cash flow enough to support a higher LTV or most lender require a minimum FICO to qualify for the higher LTVs... some lenders have other experience requirements and reserve requirements as well... all depends. 

While its not cashflowing, its been a great experience, I've been learning a crazy amount of DIY things!

I was wondering what your experience has been, good or bad with buying rental property in close proximity to the firehouse/station?

I would keep the brokerage account and focus on the tried-and-true practice of saving up for a new investment.

It definitely would be near impossible in Utah.I wouldn't buy under 50k without any experience.

.$25,000 in the Bank823 credit score3-5% revolving utilizationvery little debtZERO experience in anything real estate or construction relatedKnowledge acquired from listening to 123 audible books over the previous years14 months later...$847 in the bank699 Credit Score133% revolving utilization/over the limit maxed out personal credit cardsQuite a bit of other high interest debt/loans borrowed during the first year in business$3,580,000 Appraised Portfolio Valuation$2,139,400 DSCR Mortgage Debt in my LLCs$1,440,600 Equity (Appraised Value-Mortgage debt)8 Remodeled SFRs1 Converted Remodeled Duplex2 SFR Remodels currently in process2 Apartment Buildings - 13/14 units occupiedA little more experience to say the least234 Audible books in my libraryAs I'm sure any experienced investor can gather, having the sizable amount of personal debt as I do, supplier house account payments due, PMLs that need to be paid, etc, not having liquidity/any money in the bank is an ISSUE.

People say FHA loans are more strict but that wasn't my experience. 

I was in both architecture and real estate development for 18 years, so I'll be bringing that experience to the table.Looking to get back into the game with some big plans.

I recently came across a property on Gatsby Investments and I'm wondering if anyone has had a bad experience investing with them and if it is reputable company.