I’m currently about 27 percent equity across my three properties so I guess about 73 percent LTV.

I told him that I was staying with the same offer.6- Less than 3 hours later, he called me back and stated that the seller is okay with my offer, but will prefer to sign the PSA after I do the inspection.

I figured how many units I want and the mix of one bed two bed three bed.

I live three hours away and have not seen the property but I've contacted a property manager who looked at the house and said it's pretty nice.

Ladies and gents,I am currently grinding out the required hours of education with the somewhat overly optimistic goal of being at least ready to test by the end of my college semester so I can dedicate all of my time to being an agent.

Then I'm told by architects that duplexes are built to a different standard than three plexes, like requiring fire escapes, which by appearances change the nature of the neighborhood, often generating opposition.

Between these three you will have all the tools needed to  ensure a successful real estate beginning.Happy investing!

Also, I would rather own two or three buildings instead of 20!

This is why we don't charge by the hour.

Three years ago, the house was refinanced for $145k at 4.25% on a 25 year conventional loan.