I understand the basic normal process now and have a local mortgage broker, but don‘t know if there‘s a similar process to finding deals like described in the Bigger Pockets Rental Book on Rental Property Income.The U.S. market seems overwhelmingly large and it’s hard to narrow down where to look and where it’s the easiest to invest remotely.

For the past 20 days I have reached out via every avenue that I've heard referenced in Kevin Bupp and Charles Dehart's mobile home investing podcast, with no reply.texted "Kevin" to 41... for the bookleft a 5-start rating/review on itunes and emailed the info to gift@... for the CCSemails to various contact addresses(I'm deliberately being cryptic because these are meant for podcast listeners)I wanted to purchase their MHPA course on their website but the button has been disabled.Did they shut down?

Now it has 4.I then went to take out a 2nd Loan which made me do another appraisal.I went to the buildings department and pulled the Certificate of Occupancy, which showed the building as a 4 Family, not a 3 family.I handed that Certificate of Occupancy to the new Appraiser.The Appraisal came back $350k more than my purchase price even though it was only 2 months ago I closed on the sale.I could have immediately flipped it and pocketed that money, free and clear of anything that could have been thought was wrong.This was a GREAT deal but ONLY if you were to recognize the opportunity.Now, for the real reward.After doing about half a million of a gut renovation back then, which was pretty much paid for because I bought it much cheaper than it was and getting the money from the 2nd Lien bank, today, in the year 2018, it is worth $3 Million... roughly $1.5 Million more than I had paid for it with renovations.This is JUST 1 of 8 deals that I bought.But being more educated than the other side can definitely give you the BIGGEST reward.It's funny how the majority of people on here say you can't make money in NYC... and yet I find it to be the easiest and most rewarding way to make money without sacrificing any of my Integrity.

The easiest ways to determine if you’re doing well or not is to calculate cash in cash returns and Internal rate of return and see if the numbers you get are acceptable to you and your goals.

Have you spoke with commercial bankers at small local banks, you may be surprised what they can do, especially if you have done a few deals, easiest and cheapest way to go in my opinion when starting out. 

Hi Thaddeus,Sharing a place certainly is the easiest way to save. 

I may look into borrowing from the equity later.I bought my OOS house going through the Real Worth Network, it was one of the easiest purchases I ever did.

@Thomas JohnsonIf you are going for a conventional mortgage; the bank may have a requirement that the down payment monies can not be gifted and must come from you.The bank sees it as a risk; if you can't come up with the down payment money; how will you afford the monthly mortgage payments.Depending on the transaction between your parents; you will either be required to pay interest income to your parents based on the loan amount/interest rate or your parents will be required to file a gift tax return if there is no intent to pay your parents back.

It wasn't the easiest first few years because my partner and I had to come up with cash almost annually to cover unexpected expenses, which there always will be.  

The IRS has the ability to consider the extra value over $1 to be a gift and thus can bring your inheritance taxes into play.