I live in Southern Africa and I am very new to this whole real estate journey and i hope to learn a lot from you all as we embark on our real estate adventures.

My wife and I got started on house hacking in Raleigh and rent out rooms using airbnb.

SBA lenders are confident the deal is lendable, but SBA rates at prime plus 2.5% are high, and I don't want to risk default.

Hubby and I close on first rental investment property next week!!

The benefit of the outskirts of town: easier to find new place to build, land is cheaper, still in the path of gentrification and appreciation due to proximity to SLC market, no HOA to deal with, much less permitting and red tape, and these lead to new builds, which has the benefits of maximizing costseg and minimizing maintenance and repairs because the build is brand new.Happy to discuss by videoconference if you want, and I can pay you for your time. 

He's helped me with my investments and I always like to give him a shout out on here. 

Some of the Texas markets are better, and I would look into the TN and North Carolina markets.

I would connect with @Josh Green, he has done a few owner financed deals in the Tampa Bay market and is a master negotiator!

This is due to updated guidelines from Fannie Mae and Freddie Mac aimed at reducing risk.The rationale is that having the tenant's first month's rent payment in hand provides proof that the rental income will actually be received and is not just projected.

I do have a Commercial Fix and Flip Program that will provide cash for the acquisition and to Rehab the property.Once it's stabilize we can secure Permanent Financing and take out the bridge loan.Multifamily has, by far, the most interest in CRE Financing world, if it's a good enough deal we can get you the financing but I refuse to make bogus promises about what is and is not possible.If you DO NOT have the cash to put down on the property there a few creative financing avenues which may be possible if you have a motivated seller that is willing to work with you on terms.The 68% occupied property would be most fit for creative financing because there is clearly something going on there with the current owner.You can look at a master lease with an option to buy or doing a wrap combined with a seller second... the only thing is that the seller is highly unlikely to accept those scenarios.Now... there is one "highly unlikely to happen" scenario where you could technically get 100% financing but, again, the seller would have to be out of his mind to say yes.It entails a Hard Money FIRST MORTGAGE of less than 50% of the "Quick Sale" value as determine by a BPO... this would serve as your down payment.