The rate will be adjusted up to three times over the life of the loan Which could potentially cost me more per month down the road.Pros- On a property that won't qualify for traditional financing it can still help get the deal done.

Gross rent is $1750 for all three units, and it has an unfinished basement that is plumbed and can eventually be converted to a fourth unit.

I want to purchase three properties and make a combined $1,500/month cashflow through Airbnb!

@ Derek Larson I actually bought the house around three years ago from a tax auction and did a remodel on it.

My husband and I are beginning our real estate investing journey, and we’re currently searching for a fourplex where we can live in one unit and rent out the other three.

I know Delaware is small, but you should pinpoint three neighborhoods so the best realtor for those areas can be sourced.

like some of you guys buy two or three rentals every year or each month.

You can live in one unit and rent out the other three.

Btw, if you think mortgage fraud is merely a technicality that doesn’t get prosecuted, I know three individuals who served Federal sentences for mortgage fraud, one who was sentenced to seven years and served almost five.Have I ever actually seen or been involved in nothing down deals that where accomplished a sense fraud.

Nobody seems to notice that two of the three tenants were arrested and are sitting in jail or that the third tenant was living with those types of people.