There’s down time during the day, but it’s usually about 15minutes here and there that I’m able to spend reading REI books or listening to podcasts, but I’m extremely limited as far as being able to schedule property visits and things that require me to be physically away from my desk.At first I thought I’d try to get a moderate, 4 unit rental property, but I wasn’t sure of the location I wanted to invest in.

@Ali Boone Confirmed that this property is in a low to moderate risk flood zone.

If I were you I would sell everything now and park the cash in a moderately aggressive fund and live off the income.

For instance if you tell them that you want to provide housing for low to moderate income buyers and section 8 your building, you might find yourself between a 0% to 3% range of financing.Note: That all HUD programs that are FHA backed require that you pay a mortgage premium that is equal to .5% of the loan balance each year, in this case somewhere around $60.00 a month.

[EDITED BY MODERATOR, No solicitations in this forum, please.]

Not sure if this is the right place for this post.If not,moderators please move it to the proper forum.Ok I have a HML that only lends on the As Is value of the property,they don`t use the ARV.So my question is How do I determine the As Is value before repairs?

The moderators do a great job of keeping foolishness to minimum and there always seems to be someone out there willing to help those with questions.About Me: I've been studying and working with real estate for several years.

[EDITED BY MODERATOR - No solicitations in this forum please.]

These borrowers that you're scoffing are the people that keep lenders/brokers in business...Probably not the best marketing to blast borrowers for "being stupid" on the BP forums, if you're a lender (or moderator)... just sayin!

I've done moderate research so far and this is where I decided to take the initiate into my investing future.