Most investors and agents are too scared to negotiate, I bought the home on over an acre for 300k.I like to take a net approach where I utilize as many sources as possible to find deals.

The homes we build will continue to stand long after we're gone, providing homes for generations of families.Focus on giving more in value, and the rewards will naturally follow.

Reserve at least 10% of your take-home pay for investing.

Looking back, I'm not sure how I kept up.A few years ago I got into mobile home parks and ran hard with that.

Hello allI just had someone reach out about renting one of my properties to use as a group home or adult care home housing adult males.Has anyone done this and what has your experience been?  

@Khayla WilliamsI strongly recommend against borrowing 100% for a propertyThere is significant risk in owning real estate including section 8 and maintaining the home in a certain condition and if you do t have the funds for those repairs you could lose it all.I always recommend people budget and save enough for a down payment and reserves before getting into their first property.

So for example a typical unit in NYC that might rent for $3000 a month, could be rent stabilized at $800-$1000 (whatever it’s currently at) and the landlord cannot raise the rents above whatever the small % increase is.

Police and fire all live out West (Piper) because it's nice there, and homes are $300k+.

The size of the home.

this is a toughie. hard money specifically is equity-driven, meaning they'll likely want 40%+ down to even entertain the deal. additionally, land without improvements is often very inexpensive (relative to land with improvements), usually pushing below a threshold which makes sense for a hard money lender. if you're not intending to build right away, then i think you'll have the best luck with private money instead of hard money. usually higher leverages than hard money, and more negotiable terms.if you are intending to build on it pretty right away, a ground-up construction loan could work, but those will typically require some ground-up construction experience (on title on other ground-up deals), or an extensive portfolio of heavy rehabs/ rentals/ strong liquidity. those will give you acquisition monies (to buy the land) and build monies (to build the improvements).