@John Mitchell hi John, I have a fourplex in the Peninsula, a couple of Airbnbs in the Valley and a few commercial properties elsewhere in NS.Prices seem high right now, vacancy low, and inventory scarce, so in my opinion combining a house-hack with a short-term rental component would be a great way to get into the market, gain equity & experience.

I don't hold onto anything there, though - rare to find something that cash flows.

That background, combined with my own natural curiosity, has taught me how to identify where both municipal and private investment trends are heading in the neighborhoods I know about. 

In OK returns take a hit with multi because it's so rare that it drives up cost, but single family provides attractive numbers pretty consistently.

I rarely recommend a cash-out refi.  

Real estate rarely goes as planned, and you need to factor those unknowns as an expense.The dream is to acquire a home at 70-75% ARV.

We raised a total of $1m which was a combination of $200,000 from myself (GP) and $800,000 from investors.

The combination of this and CC's might get you a down payment and more. 

Here in Silver Lake, houses rarely hit the market and regularly sell for more than asking price.I was made aware of a house that is not on the market.

I've done several dozens of private loans, combination of first and second position, but usually I try to stay at 60% CLTV.