Acquired at auction so the price was right.

I'm currently looking for my first quadplex purchase and will be using an FHA or FHA 203k loan to acquire it.

I have met with my banker 2 days ago to discuss my options to refinance when he asked me why refinancing and paying closing costs again instead of applying for a line a credit on the properties.Refinancing or line of credit, which one would be best to get my cash out to acquire more properties as an investor?

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.

This is one way to acquire properties, just realize that you will ruffle a lot of feathers with this approach.

Basically, you want to be sure that you count ALL costs to acquire the property and offer it for rent. 

In terms of financing, what instruments are typically used for acquiring STR property?

@Mike DymskiI actually see real-estate as ‘less controllable’ once it is acquired, which is a good thing - unlike stocks, which we can buy and sell based on how bullish or bearish we feel that moment.

For me, my goal is to have 30 doors by the time I hit my 30th birthday and with my current portfolio, it is looking like I need to acquire 4 doors per year for the next 6 years.

Hello, my name is Lindsay and I am a graphic designer for a UK-based publication, and this is my first post here.I have recently acquired a sum of around $1.7M USD and based on my thorough research, I've found Real Estate is the best (possibly safest) option for me.