I got on a re-payment plan and used some saved money to acquire a property.

Have a SFR deal I just acquired.

Hey everyone! I posted recently about a house that needed a full gut to flip in the Philly area. The house is listed for $235k (was at $250k on my original post) but my agent talked to the seller’s agent and they indi...

What are the best options to buy and hold a stabilized assisted living facility? The purchase price would be close to the value of the real esate itself without any business value added on top.Ideally rental loans wi...

Click through on this BP link:https://get.biggerpockets.com/...I was a long term Cozy customer and moved over to Apartments, due to customer migration after Cozy was acquired.

I'm looking for any advice on the wisest way to acquire my first property. 

As long as it is the rare exception and is quickly remedied, nothing to worry about.

I have been told opposite information from different lenders and am having trouble finding a definitive resource on the subject.Lender1: "Vacation homes" cannot be rented, if you acquire a vacation property with the intent to rent you are in violation of the loan, the loan could get called, and you risk foreclosure and a derogatory mark on your credit.Lender2: "Vacation homes" can be bought for 10% down and you can rent them right away. 

Hire a Property Manager for any rentals that you acquire.

Nonetheless, my advice to a beginner is to make or acquire yourself a spreadsheet / calculator so you can "accurately" determine whether a property is going to cash flow for you each month.