Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookYou might consider Niche or Specialized Housing like student housing.

Anyone who reads this seek an attorney that specializes in this area if you are so inclined.

I'm looking to get my first cashflow property deal in the CT and NJ markets (I'm in NY) specially looking for 2+ units..

This one is coming with 20% instant equity and needs "nothing" to rent out in the heart of grandview it's already a bit overdone for the area - granite, stainless, hardwoods, outbuilding) - I think this one will rent as soon as I take possession and market it.On the financing side, I took my relationship with portfolio lender a step further and moved some security assets I've been holding a long time (income oriented things like bond ETFs) for free to their asset management division, which allowed them to give me a line of credit with those as collateral at 3.5% "interest only".  

Just so it's clear to all parties, add a statement under Special Provisions "Buyer and Seller agree the Earnest Money is made payable to Company, LLC and is Non-Refundable".  

The contractor must be licensed/bonded/insured, not just affordableSupportive Friends and FamilyRealtor -- An exceptional real estate agent is fundamental.

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookYou might consider Niche or Specialized Housing like student housing.

You will learn quickly that real estate investing is a broad subject and has many areas where you can specialize in.

You might consider Niche or Specialized Housing like student housing.

Hi,I've been a real estate investor for 45 years, and specialize in apartments and other smaller commercial properties, including office, warehouse, retail, motel, and mobile home park investments.I also am a real estate broker, and help others buy and sell similar properties.