Purchase: $160,0003 bed, 1.5 bath in Fontana, Southern California1110 sq ft condoTwo Story Unit, patio gated with parking entry, new cabinets with granite counter tops, new stainless steel appliances, new paint, laminated wood flooring, new carpet, new bathroom vanity and toilets, new shower tub, new blinds.

Therefore I was thinking to operate 1 of the 3 rental units as a vacation home (inspired by last week's amazing podcast) aiming to keep the unit occupied enough to generate a similar or even higher income to the other two long-term units.Does anyone here have, or have had a similar set-up, and would like to share their experiences with me?

Would be interested in hearing about your and others' stories on financing projects. 

It is more about character and self determination than inner "stories" that would almost never materialize...

Be fun to talk old Vegas stories again and see what the market doing these days. 

Keep in mind things can happen, for example the value of the house could change in the meantime, messing with that ratio.Also, with an FHA loan the mortgage insurance is more expensive, and if I remember correctly it's FIVE years before you can apply to have it taken off.The moral of the story is just put down 20%.

There are many people that can help fund deals from HML to brokers whom will be willing to sit down with you and give you their success stories, what they've done, who've they worked with and so on and so forth.2.)

I mainly wanted to hear other people's first investment stories so I could get some inspiration. :) This site and the forums have taught me a lot already but I have some more I need to learn!

According to the recently released Nationwide Health of the Housing Market Report, Philadelphia follows Pittsburgh, PA and Cleveland, OH as the top housing markets in nation.See links below for more information.http://www.marketwatch.com/story/nationwide-unveils-broad-measure-of-us-housing-landscape-that-signals-healthiest-outlook-since-2001-2015-03-31http://www.msn.com/en-us/money/realestate/where-are-the-healthiest-us-housing-markets/vi-AAajaf4?

i have a slight issue and have heard horror stories about leading i just started my llc for my investing business and found a great opportunity to buy a commercial mixed use building located in my home town in new york. now i guess my question really is what do you think the best method to finance this deal is without any assets in the lcc at the moment