I've got my eye on crunching numbers with the Debt Service Coverage Ratio (DSCR) to keep ahead of any potential market dips.Cheers,Keeya

Typically, those sellers are not as motivated or distressed as the ones in our cash sales.

@Janani Rangaraj, here's the reality: an acquisition budget of $300k-$350k typically means buying in a B/B- market in metro Atlanta.

Pretty much everything is negotiable in real estate.Loan Origination is how much the lender is going to make on the file (if direct lenders: this is typically a junk fee; if brokers: this is your loan officers compensation).Points: this is the cost for the rate itself (if direct lenders: this can be negotiated, as they manufacture the rate sheet with profit baked in; if brokers: the rate is the rate, you are getting bottom of the barrel pricing).Credit report/appraisal: these are the actual costs -- no money can be made.

There are opportunities for both residential and commercial properties, and the state's economy has been relatively stable, making it an attractive option for investors.Thank you for your service in the Navy, and I wish you all the best in your real estate investing journey!

Assessing each lender's timeliness and quality of customer service is another benefit of prequalification.

I’ve read that lenders typically don’t lend on land due to the risks.

Imho - at least from what I've seen and researched, the Tiny Home buyer/dweller is a much different type of buyer than your typical RV or MHP dweller.  

Do you leave rent alone if you have good tenants, or do you typically do a 2-3% increase each year?

Tax Considerations: What taxes should I be aware of for property management services, even if the properties are mine?