Before committing, conduct due diligence, seek independent financial advice, consult with legal experts, and have open conversations with your friend about expectations and potential conflicts.

Hello BiggerPockets Community,I'm at a crossroads with a townhome investment in Baltimore County and seeking your insights.

It's best to pursue a mentorship relationship with someone whose credentials and experience can be verified in advance.For investors who may not be interested in scaling quickly or who seek less complicated investments, it may be beneficial to learn as much as possible for free before seeking out and paying for a mentor.

If the property is in a habitable condition at the time of purchase, and will have an income that can support the purchase price, these are a great option for many investors as long term permanent debt.Where I think the waters get muddiest is with people seeking "gator lending". 

.- Real Estate Rookie - it's designed for people just like you who are getting started and seeking to understand terms, concepts, and processes...it's like a crash course to build knowledge in real estate- Bigger Pockets Podcast - this was their first podcast and it contains invaluable examples of other investors, situations they've encountered, and how they got to where they are today.

Seek out locations that are undergoing gentrification, development, or expansion where property prices may increase over time.Creative Financing: To fund your local deals, consider unique financing solutions including partnerships, seller financing, or private loans.

I don't think the rates will drop enough this year for sellers to enter the market to increase supply.

I cleaned it up, the same renter has been there for six years, and it's now worth around $275,000.After that, I started doing real estate sales to increase my earnings.

Taking courses and seeking additional knowledge are excellent steps as you gear up for your first real estate investment.

I am an investor in Chico, CA. I am currently looking for info regarding trusted contractors who specialize in Detached Garage ADU conversions in my area. The homes I am looking to invest in are zoned for ADU developm...