Might have to venture around the state. seems like multi families are cheaper and more profitable elsewhere.

Glad you  joined this community wishing you all the success on your real estate venture!

In the end, I weighed the risks and went in with a plan that my real estate venture might not make the returns the stock market would every year I have the loan out.

I just published a website for my virtual wholesaling venture, and I was wondering if there are any cash buyers in the Chattanooga area that would be willing to work with me on any deals I might have.

@Lisa GarrettThe IRA LLC may be a good idea if you are looking for checkbook control and will process a number of investments.

Do you OWN or do you personally CONTROL the property.

Keep pushing forward; no venture no gain...Kudos,Mary

Hello,Hope you are doing great.Quick Introduction about me: I am newbie Investor with 3 SFR positive cash flowing properties - all are Buy and Hold Rental properties - I am able to Traditional finance for 30 years fixed up to 100% of purchase price (by executing 'Buy-Rehab-Rent-Refinance' strategy).My new venture: Seller accepted the offer of 95K that I made on a fourplex property located in Houston,TX and I like to find out the next steps on this.Details about the property:Good-This building got all 4 units rented (525 … 565 … 550 … 550) with total monthly rent of 2190.

As a control, I pulled a few multi families  from Phoenix Az and Portland OR and ran the numbers.   

The issue is how do I control this property in my situation.