@Damini Dutta did you end up moving forward?

Generally, most reputable lenders in this space won't have any significant surprises with terms and fees because they spell them out upfront in the applications that they provide before you move forward with the loan underwriting.5. 

It’s exciting to hear about your plans to dive into this field, and Chicago is a fantastic market to explore once you move there.It sounds like you’re on the right track with your interest in House Hacking, Mid-Term Rentals, Short-Term Rentals, and the BRRRR strategy.

Before moving forward, negotiate better terms with the hard money lender you initially spoke with and ensure the seller is fully on board with second position financing.

My wife and I have one rental unit and are trying to move toward our next property, but still are trying to learn more and find additional ways to make some side income to speed the process.

Possibly staying in a place for a year, possibly in a smaller unit and moving on and renting it out.

I had one w him a couple of weeks ago. very slow so far but he confirms they will move forward asap. greetings!

A 3/2 in CA is a bargain for $300K while in our markets, $300K would get you a move in ready 4/2 on the water. 

Many of the investors i work with start buying in their own name and then move the investments to an LLc after you acquire a few. 

Little steps everyday moves the needle in a big way.