Hi All, We're considering our first private loan and have calculated our costs based on an initial conversation with the investor.

It's also very important to know the wants/needs/position of your buying audience.I find that buyers are much more willing to get into a bidding war, and over bid on a property as opposed to paying their buyers agent.

If you closed on your first one yesterday, then applying for your 2nd one probably isn't a great idea.

Hello,I have a home that I lease out to tenants on section 8.

The thing I am working on now is getting all of my pieces together to understand the roles each person will play in my business.

Point of the post : Over time, I have taken the DIY route on a majority of my properties and have learned a ton in terms of trade work.

FHA loans are only used for owner occupied properties. and to echo above, there is NO seasoning period for a rate/term refi on conventional loans, and vast majority of loan products that can be used on investment properties. 

Do they set up the systems to market on your behalf?

Hey JerryWe do not use this in all of our units, but have had some clients insist on them over the years. 

I did a HELOC on my primary property to buy this one, which I rent and the cash flow is good.