I doubt he'll be able to quality for a loan (VA) with just his income. 

Cash flow is definitely the biggest challenge; both in terms of finding properties to buy that cash flow with a loan on them and just company wide given interest rates and labor/material is up and, at least where I'm at in Jackson County, MO, taxes are way up too. 

Financing might be a challenge.I would recommend consulting with a attorney, loan officer, and CPA to discuss your specific situation and determine the best course of action. 

DC has its own set of rules—often requiring a Basic Business License with endorsements for specific trades. 

Hey Patrick, This would be a DSCR loan.

FHA loans require living in the home as your primary residence for 1 year after purchase.

As I understand, landlords there cannot charge application fees, security deposits and evictions are VERY challenging.Have communicated with several PMCs and investors in Ohio market and not aware of any real differences from Michigan. 

Hello all,
I'm looking to buy my first multi-family. I have a large lump sum saved in an investment account for down-payment and any additional costs. I currently have no debt and make under $100k a year. Because of ...

I did all of my loans with small local banks in my area and was always happy with the rates and service.

Hi I am 18 years old and I've been really interested in Commercial Real Estate investing since I was 16 and I don't much about CRE investing and I would really love some advice on how too start funding your first property, and where I can learn CRE investing,  I've also been thinking about joining the Air Force so that I can buy my first commercial property using the VA loan and continue from there and buy more, but I don't know if that's a good idea or not.