We are looking to move to the north Tampa suburbs by the end of this year and considering our options between buying a resale house or a new construction house from a builder.

If you are still looking, buy in Columbus and house-hack.

You will also be able to buy distressed properties and finance the renovations with a hard money loan.

Dan Liao They are investors who buy rentals as well as manage and manage for others.

Some home builders are eating profits buying down the rates with the lenders to get into the 4's or 5's fixed but it comes at a steep cost many tens of thousands in fees upfront to the lender.

But in the neighborhoods where I invest and have lived, you can still buy a 3/2 with a two-car garage on a 1/4 lot for less than 80K.

With $15,000, you’d have around $425,000 of purchasing power, though it might be challenging to buy four units in Arizona with that budget.

How can I use that equity to buy a rental property?

It might be a good idea to bring your contractor with you to look at the property and get a quote to fix it to your standards so you know what you are dealing with before you buy it.

We’re considering buying and self managing.