What’s your plan when the 1st comes and goes and they don’t pay rent?

If you do not plan to live there buy it as either as a Seond home or investmet.Second Home is 10% down - seller can offer seller credit to cover closing costs.Investment Home - 15% down - Selelr credit but ony 2% of sale price Max.Pull cash out of your primary or another property via cash out refinance or LOC for the down payment.Feel free to reach out if you have any questions.

If something comes up where plans change they understand, but they want to be aware.

It all comes down to the lender - you'll need to talk with the lender you plan to use. 

Thank you @Benjamin Aaker this was the original plan I wanted to do that way I stay out of trouble.

It’s a sole proprietorship.Wewe want to use her condo as a rentalFor tax purposes we plan to file separate every year because of her high student loans. 

Develop skills like sales and negotiation, stay updated with market trends, and plan your career through mentorship and interests.Good luck!

A lot of opportunities to buy aged C-class homes at 8, 9, 10 caps.Small investor expense ratios are 40%.Large operator expense ratios are 37/38 %.Large platforms/institution expense ratios are 33/34%Big benefit of blanket insurance policies is to drive costs down.A lot of BFR is looking for a bridge product for 2 years to hope rates get back down in the 5% range.Cannot use HPA on BFR communities you plan on selling based on cash flow.5-18% rental premium being achieved based on new construction communities compared to new construction scatter sites.For real time comps go to biggest operators BFR, small multifamily.More confidence about the cost of construction having stabilized.Some products which will not be good for retail buyers will also not be good for rentals.

The building doesn't work for what we are planning and we have too much on our plate to try and take this on right on.

Im currently stationed in Germany but were planning on heading to Savannah, GA for (hopefully) Retirment in 2024.