Hi everyoneWow, it's been over a decade since I was on BP, nice to be back.My business partner and I have a fairly large portfolio of SFH's that we purchased as rehab projects using hard money. 

I'm a first time homeowner and just purchased my condo one year ago.

With Fannie Mae and the other conforming loan programs you still have to qualify to be approved and deemed you can afford the new purchase.

I have purchased existing MH loans in the past.

The BiggerPockets forums are a treasure trove of information—take advantage of it by asking specific questions as you progress in your journey.Plan for the Long Term: Multi-family investing is a long-term game.

Purchase price: $312,500 Cash invested: $90,000 Sale price: $425,000 This is a home that we are now kicking ourselves for selling!

Looking for advice - purchased first STR 2023 and we qualify for active income based on rule 3 of the material participation test.

Besides evicting tenants that were assumed through value add purchases, zero.

From there, I would ask them questions about what they do and gather as much information as possible.

So, I did not purchase any properties at the tax sale.