This area of town has mostly older homes (1920s), between 800-1,1200 sqft, and varies between 2-3 bedroom, 1-2 bath.

Hello everyone, I have a 5 unit (3 - One bedroom, 1 – two bedroom and 1 – three bedroom) in Norristown, PA that still uses oil for steam radiators heat.

Some times getting creative can help all maybe a combination of seller financing and hml.

Hello Bigger Pockets!So, recently I was prequalified for (x) amount of dollars through a mortgage broker - it is solely based off of my debt-to-income, but I am using "gifted funds" from my fiancee for part of my down...

If we're just preapproving for vanilla commodity Fannie Mae nothing special & no "creative financing" scenario, I'll let my clients look out of state and when/if they actually go under contract, I'll forward their paperwork to the local-to-the-real-estate lender of their choosing as a courtesy. 

In mid 2016 my wife and our family had bought a very small 2 bedroom 1 bath and rehabbed it before we moved in, after the rehab and a years time we had around 100k in equity sitting there, sooo we went ahead and began the process to refi cash out 80k.This moved us on to the deal finding.

It was a bedroom & a small den.

I had a renter who set their lampshade on fire in one of the bedrooms.

The property has been recently renovated and is for student rentals as they're single bedroom units.I've yet to find a property worth pursuing based on my investment profile and have spent a lot of time learning about real estate investing from an investor's perspective.

--Question--To reduce my housing costs to $0 or cashflow positive I have come up with two potential scenarios....Scenario 1:Move into a two bedroom apartment in Manhattan and rent the extra bedroom to break even on my monthly living costs.