Hi Everyone,I am doing some research and planning on buying a rental property next year (I am currently saving for my wedding).

Repeat this strategy every couple years.If you really don't want to buy a primary residence and instead you want to buy an investment property then I would recommend a new build in Casa Grande for under $300k, this will require a 25% down payment and buying the rate down a little to break even on cash flow, but will be a very easy first rental property as it will be brand new and will not require any cap ex for many years and by the time it does require cap ex you will have raised the rent and gained enough equity to do a cash out refinance.

Welcome to the forum Ranil,Turnkey properties are mostly buy and hold.Can't really "flip" them per se as the provider will not leave much (If any) equity in the deal.

In theory you can buy a house in St.

Ideally you'd evict the tenants, find some other sucker to buy your high-crime neighborhood property, and start over somewhere else (even in Detroit).

I meet the requirements, which are:1) More than 640 credit score. 2) No missed payments 3) No second mortgages 4) did not use a down payment assistance program to buy the home.

It’s a new buy for me.

As it relates to a mortgage being sold, yes in some states you need a license to buy and sell mortgages as well.

You are interested in real estate investing and are looking for resources to develop your knowledge.I work with a lot of doctors and busy, high income earners to help them build real estate portfolios to slow down at work and offset some of their W-2 or business income.Some books to consider are Multi-Family Millions by David Lindahl, Investing in Real Estate with No and Low Money Down by Brandon Turner, and Equity Happens by Robert Helms & Russell Gray.Some You tube channels to follow include Get Rich Education, Ken McElroy, Jason Hartman, and the Real Estate Guys Radio Show.Yes, until you are making attending physician money, I would house hack the house you live in by renting rooms or buying a duplex as a primary residence with low money down.To Your Success!

I sold what was left and decided that I would never again buy property where the government could lie & turn against you.