Anything under 20% is problematic.Wanting income you get a multifamily on the next.

I’m in the process of searching for land in the Houston area to then build a 4-plex on it.The plan is to self-fund the purchase & construction, rent the units and cash out with a mortage.I like the idea of serving lower income families and therefore don’t shy away from section 8.This is the first time I do something like this, so I’m throwing it out there in hopes of hearing your thoughts and learning from your experience!

With your past experience and a clear goal of building a portfolio in Houston, you’re already well on your way.

Hi, does anyone know any lender that can do HELOCs on investment properties? 

Yes, I do it virtually on zoom.

On my first deal, I created an entity for that property.

I underestimated tenant behavior, facing issues like property damage, lease violations, and evictions.Once I realized the importance of focusing on the right tenant segment rather than properties, everything changed.

I'm taking this one on the chin and regrouping.

I click on landlord doc.

Do you rely on specific data sources, gut instincts, or perhaps a blend of both?