This amounts to lost opportunity because if you had purchased RE, at the closing it can start producing return. 5) ADUs detract from the existing structure whether this is privacy, a garage, or just yard space. 6) this is related to number 1, but there are many more buyers looking to purchase homes for their family than there are RE investors looking to purchase small unit count properties.

I bought a 4-plex (my first multi-family purchase) without an agent. 

For larger bridge loans and development deals they are solid Originally posted by @Jay Hinrichs: Tarik I dont think she said she was refinancing i think she said she is looking to finance so probably an purchase money loan My main point was that these scale of loans the borrower needs to look within and be realistic if they can truly qualify.I am not sure if this company will take the 10k when cursory information reveals a high chance of loan being rejected..and if borrowers are qualified for this type of financing they usually have a pretty good grasp on whats needed. 

My husband and I decided to purchase our first property in Round Rock, TX for STR.

Good Afternoon BP Community,I am excited to purchase my first investment property (Duplex in Sacramento, CA) the duplex purchase price is $600,000 and there currently are tenants at the property.

Hello,I purchased a 5Br/4.5BA townhome in the Windsor at Westside community in Kissimmee, FL last year.

It's worth noting that while the VA allows for a loan assumption, you'll need to qualify based on your single income (adjusted for any child support or new debts since the original purchase).

@Dane ReynoldsI've moved out of my homes more than once, then rented it out, after living in it a number of years, and my CPA's always depreciated it on the basis of the original purchase price.As far as improvements, I did not do cost segregation, so it was added to the original home price.

For the first loan the bank has to take the "Niederstwertprinzip" in account, that means, even if you buy at a huge discount, the bank can not appraise the property higher than your purchase price for that loan.

My scoring criteria is clearly spelled out in writing and I use an objective score sheet to determine approval or denial.