If the property requires rehab, the Realtor and/ or Mortgage Broker will suggest applying, for a FHA 203k Loan.

to see if you like it and can learn/handle the require underwriting. - contact @Jay Hinrichs about this, pay him if necessary, as he's been doing for 25+ years.Good luck!

Run your numbers based on youre required return given what youre likely to have to spend and the amount of headache, risk, and work you have to do.

For example the license should not only have a cost but also require at least some compliance training targeting some of the most common issues/complaints.

You could form an LLC and have the operating agreement that allows your boss to require you to purchase his membership interest (or allow you to purchase his) in a given time frame.

Rental should be $1,600 a month.This year, I plan to build one more rental property, and it will require financing.

Mainly the panel is in the basement and it would require a ton of work and paying for labor hours + repairs. 

I specialize in investment properties, high-end homes, and commercial real estate, and I run Updegraff Group Realty, a full-service brokerage that helps investors not only find and fund deals but also manage construction, optimize returns, and scale their portfolios.Financing Your First Deal Without Using Your Own MoneyIt’s a common question, and the truth is—it’s very doable, but it requires strategy and relationships.

Only a few simple documents are required, including a valid passport, birth certificate, and proof of address.

Turnkey is just a promotional word and it, just like passive investing, require the same due diligence that any other investment requires.