Purchase price: $75,250 Cash invested: $30,000 Purchased via rooftsock, simple transaction What made you interested in investing in this type of deal?

Purchase price: $12,000 Cash invested: $8,000 First investment ever.

Purchase price: $79,900 Cash invested: $26,000 Sale price: $142,000 With the help of an investor and contractor, we purchased a condo at Intercoastal Village in Little River, South Carolina that needed a ton of work.

Purchase price: $315,000 Cash invested: $102,000 Contributors: Jess Haas Rental Type: SFH gut Remodel, with future development potentialCondition @ Purchase: Heavy FixerStrategy: Reno + Hold & develop 1-2 additional units in next few years

Personally, I would recommend purchasing the primary residence first, mainly because of how the DTI is calculated.Scenario 1: If you were to purchase the STR first, and then the primary residence, you will likely need to qualify with the full payments on both properties depending on your timeline.

Hello @Brian Coffey - Checking in to see if you purchased that Chicago 4-flat?

It’s been a while since I’ve posted - quick update:- Purchased condo in 08/2021, fixed it up and it’s been fully leased since 11/2022- Purchased 2 unit in 10/2022, currently living in one unit and renting the otherI’ve gotten my feet wet, bumped my head, learned a lot - but ready to add to my portfolio.

It took a lot of Botox injections first.]If you’d like something to worry about for your circumstances - because all you have provided to us is: “The tenant broke the lease and moved out…” - consider this AZ law: https://www.azleg.gov/ars/33/01370.htmAn advice that probably does not need to be stated here, but still: Depending on the facts of your circumstances, I wouldn’t comment on whether you complied with this law, which I also assume is currently in force - this is a public forum, and you shouldn’t volunteer potentially-damaging information to the other side.And, again: None of the above is legal advice, as I am not a lawyer.

Any and all information would be very very much appreciated.

Having said that, I am wondering though,  would me making a loan to him (see Paragraph 2 above) circumvent the Dodd-Frank provisions because he didn't buy the home with my money (rather my money is only being used for renovation post-purchase)?