If you are a Veteran its 100% financing which can also help save money and in as little as 6-12 months you can move out of a unit and rent out all units and start over.

Wishing you the best on your future and getting your portfolio started! 

I am getting started in real estate investing soon, and I want to plan for the best course of action.

I started investing here in 2016 so it's been 8-9 years for me.

Only difference is the $10K is in your bank and the interest starts so you are paying on the full $10K over how ever many years they offer.Lastly, depending on your first mortgage rate it may be best to just do a "Cash out refinance" becuase its over a 30 year mortgage and the rates are lower then both Heloc or Heloans. 

The new owners will have need to start the process of becoming administrators as fast as possible.There are requirements set forth by the state dictated by the amount of beds, 6 beds and under is fairly simple and straightforward.

@Ben Syzek,Congrats at the decision to start learning about REI. 

@Luis Cerwin as others have stated, Nov - Jan is the worst time of year to have a vacancy.Majority of tenants live paycheck-to-paycheck, so all their income goes to Holiday spending starting with Halloween, then Thanksgiving, then xmas, then NYE.January is also historically the worst month for rent payments due to Holiday Hangover Spending.

Hi everyone,I’m new to the U.S. and excited to start my real estate journey!

People start moving in with their TOH homes (back in the day when everyone could afford one) and the park starts to fill up.