@Maria Sophia Congrats on the purchase!

But a low purchase price sadly won’t matter if the house barely rents at all unfortunately

With the potential for a Fed rate cut on the horizon, it's a great time to consider refinancing or purchasing a home.

I have only purchased turnkey properties in the past and I'm looking to learn from this amazing community what some of the common pitfalls are that I should avoid.

Purchase price: $170,000Downpayment: 20% (34,000)PITI: $955Maint/Cap ex/Vac: $270Gross rent: $1800Cash flow: $1800-$1225=$575

,It should be enough time if you have the right team to get you set to purchase a home and find the right property to house hack.

Most of my clients that are doctors, typically will want to purchase real estate to not just yield the benefits of RE, but also for opening their own practice.

Me and my fiance purchased a 2 family house last November using an FHA.

That decreases the amount of money I would be approved by a lender to purchase a property.

Of course it depends where in the USA you choose to start, but let's guess using averages....With $50k to start with (as a 20% down payment on a rental property) you can purchase a house up to about $250k, right?