Having this mindset provides you with freedom and peace of mind throughout the chaos of your first investment.

One thing to consider would be reach as big as you can on your one FHA (you can look up what the fha limit is for each residence type in your area), maximizing your buying power, then if you’re looking for another property you’ve got a big multiplex or rental on an FHA helping you generate cash to buy the next, which can be I.

I'm the rental side, so I see the power of it.

The attorney for the sponsor was there for the closing and my attorney asked the sponsor lawyer if he had the power to write into the deed the unit is a rental and got the answer he has.

It all makes sense that Real Estate is ultimately the best investment when it comes to financial freedom

For example, the presenters who know their numbers and terminology come across better and it changes the power dynamic so that the investors start getting interested, asking questions, and ultimately come around to wanting to put money into the deal.It also helps a lot if you have some money to put into the deal as nothing eases a potential lender's fears like the borrower putting some of their own money into the deal and also being at risk.

The siding and rear screened patio were in fairly good shape so we decided to keep them but thoroughly cleaned them via power washing.

.- Pre approved for loan...expecting this property to be in 200k-300k range- Easy access to capital for down payment, yet trying to maximize the power of our dollars, hence our inquiry We are both well versed in valuing real estate and understanding the quantitative side of things.

(interior/exterior painting, power washing siding/decks, etc.)Anyways best of luck to everyone and I hope to hear from some of you in the future and connect.

The power in Real Estate is the ability to leverage money that is not yours to create wealth for yourself.