We are looking to buy SFR's with a lot of rooms and later on we would buy SRO's or create SRO's. 

I want my property to appreciate so I can take the equity in a few years and use it to buy another house.

I'm on the west side of Elgin,IL and plan to make my first buy south or southwest of here.

Open to buy/hold, flips, hard money lending. 

She buys them distressed, renovates them, and then sells them herself for top dollar. 

An investor buys, flips, rents, manages people, and hold assets. 

Did I screw up by telling them I wanted to buy another property?

This factor can significantly impact your cash flow potential, especially if you're contemplating a buy-and-hold strategy.

There is also a True Portfolio program where you can buy a Second Home with only 10% down and can have a back end DTI of up to 49%.Best to have a conversation and go over all options than to take one lenders turn down.

If you’re buying in a desirable neighborhood and have the capital to do fantastic design and furnishing, you will still do very well.