Purchase price: $8,500,000 Cash invested: $3,450,000 Off-Market Acquisition Overview This property was acquired from a motivated seller at a 20%+ discount to market value.

When will I be ready to refinance from and FHA loan to a more conventional one?

Quote from @Mitchell Truong: Hello and thank you in advance for any advice!

Expect to spend a considerable amount of your time speaking to people.Expect to work dozens of hours/week with little to no immediate result.Expect most of your early interest from potential clients to come from your sphere of influence.Expect to go 3-6 months without getting paid (unless you do rentals which usually pay faster)Expect to be bombarded with distractions - mainly, people/companies marketing to you so that you choose their system for quick and easy buyer or seller leads.

Quote from @Andy Lanyi: @Sherry TsaiIf you choose to self manage, it would be the one closest to where you live.

This is what the majority of investors are doing. 

Quote from @Nevin Wilkie: For backups you can use spokeo and you can also reach out to a title rep you know in the area they can get it for you too 

Quote from @Jason Wray: Jessica,A lot of those moves puts your money into different properties rather than in the bank where it belongs.

This treatment ensures accurate financial and tax reporting, as the credit is part of the sale transaction rather than income.This post does not create a CPA-Client relationship.

Quote from @Clint Miller: Anyone here in the community used construction loans to scale their development projects?