This often means a smaller down payment and lower monthly payments compared to a traditional bank loan, especially since the seller may not be tied to the high interest rates banks are offering.Another option is a land loan from a local credit union or bank.

A fourplex means four times the appliances, plumbing, HVAC, water heater, and other repairs, driving up maintenance expenses compared to a single family.In Las Vegas, multi-family properties attract transient tenants, like singles or couples without children, who typically stay 1 to 2 years.

Are there particular elements (e.g., lender reputation, conditions in the letter, proof of equity) that you look for to validate the buyer’s financial readiness?

When you researched markets like Austin las Vegas Miami, those markets have higher land cost and are more cyclical in nature tend to have larger price swings compared to regions with lower land costs.

I am currently in Hong Kong, and there is no way I can or will invest here as home prices compared to rent yields just don't make sense according to any of my calculations.

The biggest difference is having the patience to wait until what feels like the last minute to book folks compared to LTRs.

If I threw the money into SPY, it would be a 104% gain compared to walking away with an 80% gain after fees/commissions.

We are excited, at times frustrated, and have a healthy level of anxiety, but all of those elements were expected from the start.I'll try to keep this thread updated, as it has always been helpful for me to read others' experiences.

If this is not something you're interested in delving into and learning to a high degree, then investing in publicly traded REITs would be another good option for you, which have historically returned about 13.5 per cent Per year over the past 50 years (1977-present), beating the US stock market by two per cent and even beating private real estate investing by 4 per cent (that's compared with the average real estate investor, not the experts here at Bigger Pockets).

those are large deposits  your doing very good for your owners with those compared to what i see in other markets  Wow. !!