Hi friends, we started a meetup earlier this year for local investors (LA County), with a focus on multifamily properties.

@Hamidou Keita Detroit is one of the best cities in the Midwest for investors, see chart below:Regarding, your first property, we've helped many OOS investors get started in Detroit with our logical approach to invest wisely and avoid critical mistakes.

I do not usually avoid this type of confrontation but I would not take on this fight and I have had on-going cases for 3 years (new one started before previous is settled).

Interacting with other like-minded people here at the local REIAs will definitely help you with getting started out.

Of course the bank says "no problem", I start the process etc, then after credit pull and everything state "thing's have changed and you cannot own more than 3 investment properties" so now I'm at a standstill and they want to push me to commercial side, which in this case is requiring them to take my first and have to refi the balance and lose my rate and then tap a HELOC afterwards at commercial terms.

Where can I go to borrow money to give the contractor in order to get the project started?

I started investing in real estate in 2009.

We feel like this gives us a pretty good background to start, but by no means do we think we know everything we need to yet.The area around UCF has improved quite a bit in the last 10 years and home prices have risen considerably, but it seems like there are still some promising areas to find deals.

All waiting until I can start a second income, but where is the time?

A lot of times the process will start, but there's no telling when it will complete due to uncooperative family members.