I own 4 rental properties in LLCs in two other states. 

The property is listed below market and I want to buy it and rent it out.

Investment Info:

Townhouse buy & hold investment.

Purchase price: $68,000

Cash invested: $14,000

Single family home in Ashland PA.

Looking to purchase my next investment property.

@Austin TessTo buy your first multifamily property, follow these steps: get pre-approved for financing with an FHA Loan, identify a high rental demand market, choose between house hacking or pure rental strategy, analyze the property using the 1% rule, build a team, negotiate the purchase, and manage the property professionally.

I am willing to do a bit of rehab if my agent can recommend a reliable contractor out there as well as a property manager. 

I’m moving to Atlanta Georgia from Louisiana and going to buy my first property to house hack.

Here are some properties I have analyzed from investors I know and some other properties on the market1.

Again - you need to consult (and know) your local laws very well if you want to be a successful, scrupulous property owner.

If a property needs a lot of work, it might have a hard time passing VA (seller won't make any repairs to get the property sold).