If It is a wholesale DSCR lender that also does TRID loans, they might require a bit more paperwork, such as a VOM, mortgage statements for properties currently owned, and credit supplements on mortgages on your credit report.

I have personally owned investment property (both long-term and short-term rentals) along the lakeshore.

He’s making $925,000 on this sale after only owning it since 2021.

I am a long-term investor with a buy and hold property in Brooklyn, NY and I also own multiple lands in Florida and Mississippi.

You may also be able to start sending letters to duplex owners explaining who you are and that you want to own and live in a duplex, etc.  

I manage it daily to update base pricing and see what the market is doing, but I wholeheartedly recommend if you want to maximize revenue and get to maximum capacity.Mindy @Collin Hays I respect your position and for sure everyone should run their biz according to their own values. 

This is when the tables turn to you restructuring the contracts you have with them or really going out on your own completely.

Hey Themis, it sounds like you already have a solid foundation in real estate from working in the commercial industry, so it should be a pretty smooth transition into doing your own investments.I would put a lot of focus on building out your team of contractors.

You can look into low-income neighborhoods usually the properties are of lower value, but I'm not quite sure if that applies everywhere but I know in Florida I see it here and there, and if you need help looking I don't mind helping.i would be wary about REO/HUD owned properties as a first time househack.

Although we do have our own money in every project we do, we rely heavily on our network of Private Lender's.