Should I sell my home in order to have the funds to buy my first investment property?

If you plan on using private money funding you'll need a licensed contractors bid to get the loan.

My hourly rate is very low, and I make most of my income from over time.

The current low(er) cost of living compared to other markets and lower entry points make it very attractive.

Do you mind to share any resources (or another lawyer contact), where I can learn about these stuff and what structure is the best for now to stay as anonymous as possible while keeping your funds safe?

It might state you are applying at ABC Bank for an 80% LTV loan with up to an 8% interest rate with a loan of $XXX,XXXSo, if you don't qualify for that loan, or you cannot get the interest rate stated, or maybe the appraisal is too low to an 80% LTV loan for that amount then you can break the deal because you can't get the financing you anticipated but instead you are CHOOSING (based on advice of the loan person) to switch lenders.

However, generally I think that high cashflow/low appreciation markets only make sense when you are working with really large quantities of capital.

@Clayton Silva Would you mind sharing more details around how he gets adu build cost that low?

On a low end that would put me at $1500 left over after all expenses.Notably, my long-term goal is to continue buying 3-4 unit multi’s and these retirement style commercial buildings.

I guess my question is how much should our experience be valued at and should we just have a low amount of equity and charge a monthly management fee?