Dan Liao They are investors who buy rentals as well as manage and manage for others.

Some home builders are eating profits buying down the rates with the lenders to get into the 4's or 5's fixed but it comes at a steep cost many tens of thousands in fees upfront to the lender.

But in the neighborhoods where I invest and have lived, you can still buy a 3/2 with a two-car garage on a 1/4 lot for less than 80K.

With $15,000, you’d have around $425,000 of purchasing power, though it might be challenging to buy four units in Arizona with that budget.

You could then buy in a nicer area and have your money work for you while still having a primary residence. 

How can I use that equity to buy a rental property?

Are you buying a 3/1 but you currently own a 2/1?

We’re considering buying and self managing.

BRRR's are meant to replenish most or all of the money you put into a deal so you can buy more faster

(90% of buyers will be owner occupants who can’t/wont buy a tenant occupied home.) check with your local landlord tenant laws about notice periods, post a notice and being a witness.