Remember, no system is perfect, so avoid the temptation of constantly chasing after the next shiny object.

Remember, no system is perfect, so avoid the temptation of constantly chasing after the next shiny object.

I fell in love with the negotiating an chasing deals not to long ago an discovered that's my niche and now I'm here to keep growing an connect with all sorts of amazing people. any advice would be much appreciated, I've been saving and saving an believe I have enough capital to get into one of the strategies, its 35k and house flipping seems right up my alley though the market an fear of not having enough capital is holding me back. any advice thank you!

Quote from @Michell Chase: I’ve already purchased 1 rental property (a duplex) this year with a conventional mortgage.

Remember, no system is perfect, so avoid the temptation of constantly chasing after the next shiny object.

You are going to rush into a terrible decision because you are chasing something you don't need now since you are still in college.

I am being advised by my realtor to evict him due to the fact that we are having to chase him every month with late notices and the recent delays in payment.1.

We started having to chase our payments, and fairly quickly decided to fire this guy.

Hello Ilya,Where are you looking at purchasing your 1st property.When converting a property from a single family to a multi family, you will need to check on the zoning requirements, depending on your location, not every location has zoning.As far as lending goes, it is far easier to finance a single family up to a quadplex, than financing 5 plus units, the DSCR Market for 5+ units is extremely low right now, and there are few if any lenders in that space.For financing 1-4 units, there are Millions of dollars chasing those loans, so you can easily obtain long term financing, at rates between 5-7%.Please reach out if you have a property identified, and I can help you with financing options.

My ideal strategy would be to BRRRR but I want build my own capital before I start chasing cash flow.