I've actually started looking at a 4-plex in Bay City just to practice running the numbers to see what might be a possibility.

Like anything the more you do searches the more you're going to learn, so I would practice and ask questionsThere's something called a current owner search, at least where I'm at and they only cost about $40.

You may want to acquire property through standard practice which will likely require you to have a job that qualifies you for a mortgage.

Hi Regina, there is a huge group of DMV experts with a lot of real time experience on lending, best housing practices,  tax strategies, you name it.

Not to say that caution shouldn't be exercised but rather careful what you consider the indications.The big boys gobbled up lots of property on the cheap over the last couple years and some of those assets are being let go.

This has the practical effect of me having investor clients out there that I've done mortgages for already that are "permanently preapproved" for however much cash they have on hand for down payment plus closing costs because while I do not know what their DTI will be, I do know that it will go *down,* meaning that I do not care about it.Note that the lesser of current lease agreements or appraised market rent will be used, unless you can demonstrate that the current tenant will be departing the residence.

-Looked for recent cash sales and figured out what investors were buying in the area by searching the property on my county's tax assessor website-Practiced comping propertiesI plan to use the rest of January to set up my business structure and have my first direct mail campaign out in the first week of February. 

What are the typical practices, and what would be some red flags to watch out for (e.g. someone trying to hide something from you by denying access)?

Hello all, I have a home I bought Sub2 that I will be getting a policy on tomorrow, but have a couple questions before I pull the trigger. I should mention I am actually living in the property as my primary residence,...

He called us and we responded first with sympathy and then with practical help.