Quote from @Bo Baudrexl: I have been on Baselane for a couple months now.

I started off wholesaling and I closed on 7 properties.

That pace feels pretty good to me...I can get past the "rookie mistake" phase of my career before there is investor money on the line, and I can "fail small" because SFRs and small multifamily doesn't hurt as much as larger properties when things go wrong.Timing had a role, too.

Focus on what matters, not on things that have nothing to do with what drives the desired  results.

welcome, would love to connect and network. congrats on the move

Although I've considered a future line of credit against the property as my best long term option, I would need to pay down the remaining balance first.

I’ve been a serial house hacker in the greater Boston area so happy to connect and share some lessons learned.Multifams inventories are quite low depending on your budget and location preferences.  

Are there any pushbacks on this deal? 

I've got a long term tenant lined up & the unit is a non smoking unit, which the applicant is aware & fine with for indoor.

Please be aware if you buy an investment property and do not live in MD, when you go to sell it you will pay an 8% tax at settlement.  If you live in the home for 2 out of the past 5 years and move out of state you ma...