Also talked to various finance professionals to get creative on getting across the finish line.Initially it was me and one other GP, but we brought on a third GP to help us raise recently - pending him actually helping raise the funds.We're looking to raise 900k, 700k to close. 400k raised so far (including GP equity), 300k more needed, with 2 weeks left to close.

As of this week, I'm new to Bigger Pockets but have already found this to be a very helpful, positive community.

Average weekly wages were at $1574, 7% higher than the national average.EditSignEmplyemnt was positive across nearly all categories, most notably in Education and Health services.EditSignAverage spending distribution remained lower than overall US, and despite the rapid growth in the City over the last 3 years, spending on housing costs is still lower than the national average by 11%.EditSignReal estate activity, unlike most markets, is remaining more energetic than most markets.

I was thinking to get the price locked down through appraisal and negotiation, then we will pay the equity in cash to the seller and assume their mortgage.

I'm a newbie and I am interested in a 2 to 4 family home that will position me to grow in real estate investing and provide a good level of cash flow while owner occupied.I plan to use an FHA first time home buyers loan to purchase the property, and I am looking in University City (63130), Soulard, Hi Pointe, Lafayette SqIf anybody has any advice or opportunities to work together, please let me know!

The Bank in Florida won't give me the H.E.L.O.C because of the property in Puerto Rico and in Puerto Rico I have to be a resident of the Island and Line of Credit are base on income not on equity. 

👇Debt, when used correctly, is one of the most powerful benefits with real estate investing.We can take $3.5M of investor equity↓And purchase a $10M apartment community.

I wanted to see was it possible to sell the property to an investor with the current tenant, so I can make an assignment fee, and get some cash flow, or Equity Financing.

Good returns and great equity as well.

If you don't live in the property and continue to rent you may increase your income but your expenses are also higher, even if its a net positive.