My husband and I purchased 3 properties in CA over the years and recently exchanged into 6 rental properties.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $241,500

Cash invested: $8,452

This was my family's starter home, which we kept and now rent out.

What ma...

I'm not going to buy a car from someone without a driver's license, and I won't buy an investment property from someone that has never owned one.Whether you are an investor or not, you need to really understand investments.

Definitely not, if you don't pick a correct property at a correct price. 

Again - you need to consult (and know) your local laws very well if you want to be a successful, scrupulous property owner.

For example, sharing details like an example property address, how much of your own capital you're able to contribute, your goals for the property, and what your exit strategy looks like can all help potential lenders better understand the situation and make informed decisions.

@Mike Sarhan I am on a contract w/SRO property in Brooklyn.

Probably not the right property for a BRRR which I originally was thinking but could potentially be a good flip.

Without doubt int his market a property can sell itself, so can my car, or a can of soda, if it's an awesome enough deal right, so nothing special there.

thats when you sell a property that has an existing note on it..