Decided to do this as a long term fix to get out of PMI faster so I'm saving less than $100 a month now.

Once again I come to bigger pockets for guidance. I am responsible for making sure our rent stabilized renewals are being sent out. Currently we are using the standard NYC rent stabilized renewal template and entering...

After that it's a personal decision.I'm on schedule to max my 401k this year, but am probably going to decrease my contributions to save faster towards a rental.

There was severe smoke and water damage, and an existing sagging second floor from the weight of the water, but we knew that was able to be fixed.  

Learn, enjoy and network here on BP and in your area so that you can grow faster in your learning process on real estate investing.

Quite often what is illegal may actually be hard to find, as it is something not necessarily denoted by a law, but rather by a rule that the commission has that bears the same weight of law.

But, you'll still need the cash to close.On a side note, this is why "preapprovals" are given little weight by sellers/agents.....your lender gave you a preapproval when you have absolutely no cash, and no chance to close on the loan.

I was able to get pretty good cash flow on a quad in Abilene, Tx, but I am pretty sure I could not do the same thing where I live in Northern Virginia.If you can't decide you could go with the 30 year note and pay extra to build equity faster.  

Then, the next deal will come faster than that. 

It is worth its weight in gold, so I highly recommend you check it out.Another way to meet investors is to attend the meetups.