- Inga Hi Inga, keep in mind many of banks and HMLs have a prepayment penalty for refinancing sooner than 3 to 5 years depending on the program.

Finding and funding your first deal is an exciting journey.When it comes to finding deals, a crucial step is identifying the right properties that meet your investment criteria, which can vary widely depending on your goals, the market you’re interested in, and your budget. 

Depending on the tenants, I often won't take problem tenants on.

Hello @Kristin Vegas - All of the Chicago Suburbs are good to buy in lol it just depends on your specific goals, strategy, and team!

Tenants are different depending on locations.

It depends on what the list price is relative to the fair market value, how much competition there is and what the numbers look like. 

Re: municipal liens it depends, as sometimes those stick with the property and survive foreclosure but it also depends on the type of lien.

No one can answer that because the first question all depends on how your basement is set up with agree (windows, doors, access) and what your town's regulations for legalizing a basement unit (usually way harder than anyone thinks).When you say join a JV, it would depend on your relationship and the asset and the split.

Yep, depending upon your LTV, 7%-ish is doable.  

Depending on the property itself and strategy you are implementing it may be an up hill battle in these areas.