I currently own my own home and don’t have the best credit so going with conventional bank funding is not an option, or is it?

There was a feeding frenzy last spring, good to sell our flip into, but bad to get more inventory.

Then you will want to form strong relationships with lenders that can do loans, hard money loans, conventional loans.

The only instance where this might be a good play is if you're building an infill project in a highly desirable area with no inventory available.

Not everything dreamed up by someone somewhere else will always fly.I think too that what many starting off may not understand is that in RE, you have an inventory of tools that allow you to conduct business.

I am a new agent in NJ, best advice I can give is educate your self on inventory and host open house.

Hi, I wonder how holding an airbnb/short-term corporate housing property will impact my ability to secure conventional loans for future investment properties.I am about to list my apartment on airbnb, which basically provides short-term housing similar to a hotel.

The VA has no title seasoning requirements in order to cash out using market value.This is a huge difference from conventional 1-4 lending because there are many restrictions for title seasoning (how long you have to wait after you acquire title to property).So how this could be utilized is if you were a veteran looking for a home and purchased a property for 70% of market value with cash (has to meet VA standards/owner occupied only) you can immediately cash out to 90% of market with proceeds going back to the borrower.Just a quick way that a vet who is also an investor can leverage their equity potentially in other investments to meet their goals and or financial freedom objectives.This would allow the veteran to obtain money around 4.5% (6.08% Annual mortgage constant) If you could reinvest at or above 6.08% annually then the vet could end up being able to live for free if the other investment cash flows sufficiently.

(but maintenance should be low for the first few years) The main houses rent for 2200- 2500$ The basement: 800-1000$ The coach homes (Over the garage): 800 $ 3800- 4300$ per month Houses come with 3 kitchens with appliances, 3 w/d The city is not allowing anymore to be built at this time (Which is good) so the inventory is low and they don't come on the market too often.

If the mortgage is secured by a second home or an investment property, the borrower may own or be obligated on up to ten financed properties (including his or her principal residence).If you don't mind moving every couple of years, this might be one way to pick up properties 11 and up with conventional financing.