Neda Navidnia There is a 25 acre piece of land with frontage on Lake Conroe, waterfall, personal boat launch, 2 storage barns, fence with horses, round pen, bass filled pond, gated entrance.

Then after you have done some homework and are fairly prepared then I would ask for bits of advice you need to fill in the blanks.

Don't forget to fill out your profile, upload a pic and set up your keyword alerts.

I imagine most would recommend private money lending to satisfy this need, but I wanted to see if there are any other work arounds that may be available. 10% with 2 points is an alternative, but you would still have to carry that loan for the 3-5 months it would require to fill each unit in a fourplex, after repair costs.

@Brandon Turner Hey Brandon,I'll have more later I'm sure but one line of thinking this morning is.....If you're in a metro area investing, you want to have rentals where the people want to live right, or how else will you fill them?

I am in need of advice of wheather to purchase a single family home or a single apartment unit.To provide you with a little background on the apartment unit property I am viewing here are the numbers:4 bed 4 bath in a college town93% occupied/filled rate over past 3 yearsAsking price: $85,000Down payment: $17,000+(2-3% closing cost)Mortgage payment: $443 with mortgage, property taxes, and insurance (assumption 4.25% interest rate)Monthly Rent per tenant: $350Monthly HOA Fee: $250Monthly profit: ~$700+One of the factors that is holding me from the deal is the following:1.) greater appreciation if I was to buy a single family home vs the risk that additional apartment complexes are built in the college townWhat are your thoughts experienced real estate investors?

I am not a lender but same as you for being selfemployed lenders will give me a hard time due to the amount of deductions so what I met with a mortgage broker before filling my taxes to get a better idea of how much in deductions should I present.

In hindsight, should have filled in the pool with dirt and called it a day, but oh well :)

Fairfield seems like a better comparison to Sac in some ways to me, but I know less about the area, so maybe William can fill that in more.

Some people start by finding a contractor, others an architect, and some prefer to piece-meal and run the process on their own, it's really all a comfort thing on your end.