Legitimate lenders may charge a small application fee (around $250) to verify you’re serious, but if someone’s asking for thousands with no real intention of closing, that’s a huge red flag.On a more positive note, there are creative financing approaches out there.

As we kick off 2025, the real estate market is continuing to evolve, presenting both opportunities and challenges for investors.

I am a rookie real estate investor eager to get into my first deal this year.

If you’re have ambition either for a career as a management/ professional/ entrepreneur or becoming a real property investor then you’re going to bat with 2 strikes.  

After awhile you develop a keen nose for ******** and you're the real deal 👍

If you are still willing to stay in the same unit as your brother you can get a 2-4 unit building, rent out the other units and still rent a bedroom within your unit to your brother for extra income.

Lenders will want to know if the property is generating income and if it qualifies for a DSCR loan or traditional financing.

The reason not to upgrade, is that you won't get that much more income for the cost of the upgrades.  

Most of these course instructors aren't qualified to teach anything but the most elementary real estate concepts and try to make their courses more marketable by teaching concepts they have no business teaching. 

Gross income right now is 2700.