Hello @Michael Zimeri, how is the Dubai market now for US investors? 

A close friend of mine worked with a client who snagged a few acres just outside of town near the North Platte River.. it didn’t show up on the usual listings, but popped up through a local contact who’d been hinting at a seller looking to keep things quiet.You mentioned it’ll be a three-year timeline.. that’s actually not a bad window.

The home was a bank foreclosure from a reverse mortgage.

Have you got past the hurdle of the first investment yet?

In general, I would say - do not get stuck on the house hacking concept just because it is talked about so much. 

Just depends on strategy and implementation.

I see some lenders out there would just pick the "lowest" rate and the client ends up paying more than 1% of the loan amount at their closing costs.Key point is "Lowest" rate does not mean the cheapest rate  I have worked in traditional community banking for over 7 years.

Are you looking to just get long-term rentals and keep going?

Can anyone refer a real estate investor friendly real estate attorney in the New Haven CT area? 

It depends on what the terms of your mortgage are.Pros-with no mortgage, you have higher cash flow.Cons-if you plan on buying more properties, you are better off saving the money for a down payment for your next place.The big questions are: can you get higher than 7% return if you invest that money elsewhere?