Duplexes, quadruplexes, and eventually apartments.

Duplexes, quadruplexes, and eventually apartments.

Hopefully your significant other (over time) will realize how important it is to you, and will also be able to eventually see the fruits of your labor.  

Then it was sort of rinse and repeat.I did notice that was a popular starting point on a BP poll recently (renting out a place you already owned/lived in).It makes sense as you have the financing in place, the transaction complete, plus you have screened the area and the property, know all the maintenance and routines, etc.So your first home may be your first investment property, too, eventually. 

I use private money or seller financing to acquire my deals and eventually refi with a small bank that lends to my LLC with a personal guarantee from me.

Can't wait to get my feet wet and eventually be interviewed on the podcast!

As i would eventually want to get him out of the loop and refinance (if it makes sense and when i built up enough equity for 20%), is it as simple as refinancing if i was with an actual bank?

This obviously will eliminate certain strategies from consideration.If we eventually build a portfolio of several medium to large multi-family properties my wife will assist with the management.The multi-family market seems inflated at the moment so we're willing to be patient if needed.  

Personally, I have some small background in architecture and construction, have my RE license (just now starting to do this full-time), am pursuing an appraisal license now, eventually will learn more about inspecting, and while I'm not yet an investor, hubby and I do plan to do so down the road once the other aspects bear fruit in the form of funds for same. 

FNMA properties will eventually become available at homeopath.com and be available initially to owner occupants only