Rents continue to climb as well but likely not enough to keep up with increasing monthly mortgage payments when considering interest rates and soaring property values.There are 2 main schools of thought when considering investing in an expensive market like Long Island.- Robert Kiyosaki, Grant Cardone, and similar thinkers believe its best to invest in markets with higher cashflow while renting where you want to live.

I was unaware about the 6th month seasoning requirement by most lenders, but I found two that would refi after the rehab is completed.

The injunctions may disappear quickly, and you will be required to file or face heavy fines and penalties for noncompliance.File all your Corporations and LLCs now.

Often little cute items impress as much expensive items. 

Rent is decently expensive, but whenever I booked the stay, the owner mentioned he was trying to sell the unit.

Understand the local permitting requirements, keep eyes on your property to avoid squatters, and make sure you have a great vacant insurance policy while you're renovating.

@Jim Stanley Keep in mind any expenses of your SDIRA asset must be paid for by the account that owns that asset. 

$50,000 row house in upcoming Baltimore neighborhood 30 years ago which required full rehab.

Every lender has different criteria when it comes to seasoning periods, LTV limits, and DSCR requirements, so knowing those details upfront can help you structure your deals more effectively.Looking forward to seeing how your BRRRR journey unfolds.

I would like to purchase a three or four Plex and live in one of the units.I understand I can use an FHA loan or conventional loan with only 3 to 5% down in order to get into the property however I live in a very expensive area and the properties I am looking at are currently 700+.