I am young and extremely new to this game so any responses related to becoming a landlord will be helpful!!

Hey BP community, newish investor in Spokane WA, looking to expand my portfolio, I have 2 long term rentals now and I’ve decided to stop viewing it as a HOBBY and treat it like a business.

Also, what are the advantages of a portfolio lender keeping my loan in house?

Are you buying to create a portfolio of rentals, or are you fixing to flip? 

Just not real familiar with all the different financing and the game of moving money around. 

I loved the feature of adding new properties to the Rental Portfolio and seeing them all in one place. 

I currently have a few properties, and with the market appreciation in the DC metro area, I have about $100k equity in each property I own (four total, nothing compared to what I read on here), and as such I want to continue to build a buy/hold portfolio, but at same time I'd also like to have some money available in case the market takes a turn, in order to be able to make some moves.

I've also considered looking into becoming a private lender but I feel I should experience the RE game myself before I start lending money out to others.I've been researching heavily, pounding through 1-2 podcasts a day and am in the process of finding a lawyer, accountant, agent and any other people I may need in my RE journey.

@Chris Connery not knowing for sure what your situation/goals are I thought I would throw out there what I/we are working on right now - similar but different.I am working on forming a partnership with an individual that will bring the 20% down that I need for my properties that I use a commercial portfolio loans on, but the whole loan (80% of purchase price) will be signed by only me.

Our initial plan for the next couple of years is to get rents to market, and see what we can do with the water and heating bills.Over the next few years, we will build out our buy and hold portfolio in the Toledo area.