It's good to come here for advice and different ideas, but you really need advice from an expert that knows your local laws and can expedite the process.

Hindsight is of course 20/20 and I regret all of those excuses, but the second best time to plant a tree is now, so I'm pulling the trigger, market timing, shmarket timing.I'm in the process of selling some inherited hunting property to a family friend to fund down payments on my first few rental property investments, perhaps looking to 1031 if possible for tax savings.

As I've experienced, the more people who see and interact with your brand, the more likely they are to reach out and express interest in investing.Nurturing relationships with investors through ongoing communication is vital.

When working with an RMLO for owner financing, you typically submit mortgage applications to them, and they handle the loan origination process.

.- Cash Purchases: Leveraging their substantial home equity, many boomers are bypassing the mortgage process altogether, making cash offers that are attractive to sellers in a competitive market.- Tax Considerations: With an eye on maximizing retirement funds, boomers are drawn to states with favorable tax policies, stretching their dollars further in areas where their financial burden is lightened.- Climate Preferences: The allure of a warm, sunny climate is strong, with states like Florida, Arizona, and the Carolinas seeing an influx of boomer buyers seeking year-round outdoor living.Millennials: Balancing Aspirations with AffordabilityMillennials, now in their prime home-buying years, are becoming a formidable force in the market.

Obviously the value in DSCR loans come from the processing (should be quicker) and by keeping it in an entity and off of your personal credit/DTI.I am aware of one lender utilizing 401k funds on deals, but its a newer program so I would need to look more into the details.

If you want RE as a portfolio diversifier and you believe your equities portfolio is large enough, then I still suggest selling but aiming to 1031 into an more lucrative property.I am an agent in NoVa and have many clients who go through the same decision making process.

It's important to work with a lender experienced in out-of-state transactions, as the process may involve additional complexities.States with Growth and Cash Flow:States with strong population growth, economic development, and job opportunities often present good investment opportunities.

Join a top selling team, they will help you with tools and processes to be successful. 

@Felipe Castaneda - I am in the process of setting up an LLC entity with PCS currently for my first out of state investment property.