I’m here to help build my team. include my realtor tax professionals And everything I’ll need to buy my first multifamily unit and then add additional ones thereafter  Welcome aboard bro.

We did live in it for one year to satisfy the FHA loan and then moved out, so unfortunately it would have to be refinanced as an investment property with worse rates (8.1%) and higher LTV (25%).

Then I can dial in the analysis The other important docs to get are the estoppels signed by the tenants. 

As for an ARM or IO, if you plan on holding for a long time a 30 year fixed amortized loan at similar if not better rates then you are quoting might make more sense. 

. - then they lose thousands:(Here's some useful food for thought (copy & paste):.Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

I’m worried that if I don’t find a tenant soon, he might pay his next month’s rent that’s due; and then, after I return his deposit, he’ll decide not to pay any more rent.

I purchased rentals that are all clean BRRRRs and meet the 1% rule then grew my portfolio to over seven figures.

Then she sent me sales and agency contracts, and three weeks have gone by with no updates on the repair work.

Let them know unless rent is paid in full, you will evict them and then start with the eviction-don't take any sob stories.  

Then what do most STR owners shoot for cap wise?