Partly for the strong casflow that we enjoy after 30+ years investing along with other reasons.I would probably not buy additional property all cash, but improvements and betterments will be paid in cash or at least quickly.Leverage is a great tool when used properly. 

I was looking at these areas as well as they were cheaper than buying in Rockville and also appeared to have some decent homes.If getting the ADU would be tough in general and renting by the unit in those areas would also be challenging I may need to rethink my strategy.I am doing this as a first time MD homebuyer and looking at my options to rent a portion of the home.

In the past when buying a house, we had a seller say "on second thought, a lot of other offers are coming to the table, we will need to raise the purchase price $X to continue" which would also put us in a bad position if our 45 days is over.  

I am currently working on setting up my one hundred fiftieth LLC so when I buy my first 150 notes I can place each one in a separate LLC.  

If you don't know how to do any of this, I recommend you hire an attorney to help you with the process.Do yourself a favor: buy "Every Landlord's Legal Guide" by NOLO.

Determining commission amounts and who will pay them has a direct impact on the sales transaction whether you are buying or selling your home.

Hi everyone,I’ve found a multi-family property in North Linden that I’m interested in purchasing for a buy-and-hold investment.

If you have larger goals of scaling and buying a lot of properties, then you should outsource to a PM.

After paying closing costs, title fees, appraisal, origination, underwriting, processing, legal and other fees, the typical refinance costs about 1.75 - 2.5% of the loan amount just in closing costs (obviously before people yell at me, this varies drastically by state, but having done loans all over the country I find this to be a pretty accurate estimate).  2) Keeping the average 2% cost in mind and the fact that people typically refinance when rates drop about .75% - 1% or more, I wanted to see if paying an extra point now when I was already paying all the closing costs to buy the rate down made sense. 1 point can get you between .5% - .625% off the rate depending on the days pricing and the coupon you are pricing. 

I recommend you buy "Every Landlord's Legal Guide" by NOLO.