I would be leery in doing it out of state and with it being your first one.

BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.

Are we expecting a recession? 

Also Eagle Rock new builds must be a minimum of 1600 sq. ft. 

Hi everyone, joined BP last year for all the freebee calculators and finding myself a bit over my head and in need of some advice...Have a commercial property bought on land contract, 0 down, 5%, amoritized over 30 years with 6 year balloon for 120k last year.

Super unusual for me to see this, but I do see ones that are posted every month for a year or two. 

My wife and I use something we call the "One card" that we learned from another Memphis area investor.

We have a few properties that are held as JV's in separate LLC's and just want to make sure all is above board.Thank you, and Happy Holidays! 

Are you looking to explore out of state markets, or in NC? 

Loan administration is also a consideration although less important in this scenario.