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.Our OPINION for the Metro Detroit market (always verify each area for yourself!)

With consistency and perseverance, all efforts are bound to take us in the right direction.

But just after taking my test, I learned of a friend who was making a KILLING selling sub-prime loans for an old mortgage lender called Countrywide.Well one thing led to another, I applied for the MLO job and got it, and Countrywide told me that I couldn't be a licensed agent at the same time as an MLO due to it being a conflict of interest.All that being said, I still don't know to this day if that was just a Countrywide rule or more of a formal regulation.

A quick glance appears that it only applies to assets held in the US.

I have a lead on an 11 unit property but beyond that I’m not sure what direction to take.

This means that they'll require more than the standard 10% down with a conventional vacation home loan.If you have any questions, always feel free to reach out directly. 

The cost plus should only apply to the hard construction costs, not the land acquisition. 

I've seen some people mentioning workers comp but if I'm only hiring 1099 subs that wouldn't apply correct?

The government is paying a lot of your rent and the direct deposit hits every month without worry.

Having specific goals will direct your approach, whether it's increasing passive income, reaching financial independence, or diversifying your investment portfolio.A single-family house or a modest multifamily property would be good places to start for a reasonable investment.