We have around 50k to start and we are not sure if we should use our money or should we use other peoples money as that is always what I hear about real estate investing.

The LTR unit's depreciation and losses would be considered passive and can only offset other passive income unless you qualify as a real estate professional.

You can usually also benefit more by simply using the seller or builder credit to do a simple "Rate buydown".The first rate on the buydown is a "teaser" rate that only last for a short time 1 year for example but a true rate buy down is for the entire term. 

I have occasionally provided a rent credit for a good tenant to help them with the purchase of a lawn mower or weed wacker.

Hi All,Pennsylvania has new legislation going into effect in January 2025 that requires wholesalers to have a real estate license in order to wholesale.

Debtor must clearly phrase their request to obtain: the source of a debt and the amount a bad debt buyer paid for plaintiff’s debt; how amount sought was calculated; where in issue a list of reports to credit bureaus; and documents conferring authority on third party to collect debt.Documentation of the creation of the debt with your collection agency.Under FDCPA Section 809 (b), you are not allowed to pursue collection activity until the debt is validated.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Hello,I am a new real estate investor based in Troy, Michigan, actively seeking potential cash buyers and seasoned wholesalers in the Metropolitan Area.

Please share your thoughts:What are some of the most favorable terms you’ve negotiated with private lenders? How do these terms compare to traditional loan options?What strategies have you found effective in building ...

Here's some guidance on buying your first investment property in Southern California or Columbus, Ohio:Down payment:For investment properties, lenders typically require 15-30% down payment on your first investment15% down is possible with excellent credit (700+ score)20-25% down is more common, especially for multi-unit propertiesSection 8 considerations:Pros:Guaranteed portion of rent from governmentPotential for longer-term tenantsMay be easier to fill vacancies in some areasCons:More paperwork and inspections requiredRent amounts set by local housing authorityPotential property damage concernsOther tips:Research local markets carefully - price trends, rental rates, etc.Factor in all costs - taxes, insurance, maintenance, vacanciesConsider starting with a single-family home or small multi-unitBuild a team - real estate agent, property manager, contractorsHave cash reserves beyond just the down paymentUnderstand landlord-tenant laws in your chosen locationI'd recommend talking to local real estate agents in both areas to get more specific market insights.