This is very common.Lets say suburban purchased 50 miles radius outside of city center.

Hi Jin, That information should be in the master association documents you should have received when purchasing the property.  

That ensures you don't spend it on other things and know exactly how much you have to spend on the next purchase.

Hi Samuel, What is the price point for this purchase?

If it is elongated and stretches along the right-of-way of the railroad then I would be less inclined to purchase it.

I just purchased 2 houses and I would like to hear some success stories.

My brother and I (who both have history of doing multiple live-in flips over the years) recently consulted with an attorney, started an LLC, purchased the BP state-specific forms, and have purchased one single-family rental thus far and are closing on a second singe family property that will be a flip later this month.

How many investors are purchasing multiple homes every year? 

Loan rates on the ReFi have prohibited us from building a bunch more 3-4 unit properties recently, just kills the CF of the deal, but going all-cash on the purchase & construction still pencils. 

@Edgar Gonzalez - Are you able to 1031 the property into a commercial property so your DTI does not affect the purchase as much?