A private lender who will loan you the funds for the investment using a blanket mortgage to cross collaterize your properties would be an excellent option for you.

The podcasts and the library of information in the learn section are excellent resources.

For example, there are spreadsheets available on BP where you can simply enter all the pertinent information and excel will crunch all the numbers for you.For first few deals, you can enter the numbers here on BP and some experienced investors will provide you feedback and the reasoning for it.

He has stated he is very interested in real estate and understands it is an excellent avenue for wealth.

Excellent info as always.

Excellent idea to drop one down on the floor in the laundry closet/ area to notify both the tenant and yourself that there is something that needs to be addressed.

As a parent I pray my kids do more and are wise of enough to excel further than me despite any hardship or hurdle that I may ever encounter.

." - @Adam G Excellent!

All are going to have rates well above bank rates, HMLS will be double digits and that's rarely good for buy and hold.Yes DTI is always a factor on SFRs.

Another 4-unit for 130,000 (after repairs) and rent on those 2/1 apts is 850/month.You should look a little more or run the numbers in an excel spreadsheet (include insurance, maintenance fees, supplies/repair, property management fees, etc) and then based on those numbers plug in whatever offer price works a bit better and how the seller why you can only offer $xxx,xxx amount rather than the asking price. ..just an idea.