He works specifically with small landlords in situations just like this.

Thanks Chris -- will definitely start talking to specific lenders.

I'd advise to assess the actual school instead.

Hi All,any advise from your experience on individuals breaking into an investment property? 

For your situation from what it sounds like, it is probably more advisable to go the multi family route.

There are probably very specific laws depending on the city that you are in.

Are you looking for agents in a specific area? 

Target a price based on where I am in my REI plan, which has a specific amount of cash available, and a specific return needed from that cash, at the specific timeline in my plan. 

Leveraging that asset to finance another deal is smart play, and the townhouse you're eyeing seems like it could be a great addition to your portfolio.When it comes to budgeting for renovations, it's definitely a challenge to nail down accurate estimates, especially when resources might feel a bit outdated or not region-specific.

Are you looking for properties specifically in the city of Grand Rapids, or the surrounding areas as well?