I think if you just attend any group, you'll find investors that purchase remote and local and you'll be able to learn.

My partner and I keep an excel spreadsheet of rent, our purchases, utilities, taxes, insurance, and money spent on contractors.

We recently came upon a small property and are seriously thinking about purchasing our first rental!

A seller can not sign away his rights in a purchase or any other document.

Hi everyoneIdk how to feel about this.In 2021, I purchased a property that used to be a duplex.

I currrntly own a home and am renting it out, I am working on purchasing a duplex.

In other words, not resold to the government so the bank had more flexibility on the condition.I look at the original commitment letter and it states "xxx amount will be advanced at closing for the purchase of an investment property, and the remaining balance of the loan to be placed into an escrow account to be disbursed as improvements are made".No points, and only one closing, so I don't have to deal with a short term HML that I have to refinance in under a year.Hope that helps!

As I build my career as an agent, I’m also passionate about real estate investing, specifically with a goal of purchasing multi-family, buy-and-hold properties where I can live in one unit and rent out the others.I’m here to network, learn from experienced investors, and contribute to the community.

Purchase price: $271,000 Cash invested: $30,000 Duplex with 1 bed, 1 bath in each unit + 3 car garage in a great neighborhood.

So I want purchase it as my first rental property it's going to need rennovations for sure not terrible shape just older rancher home.