On the initial duplex situation, I agree with the idea to do a cash out refi and hire PM for the duplex.

That initial visit turned into a tour of the home and we wrote them an offer the next day.

Initial consultations aren't expensive. 

As I neared the end of the summer, I successfully ran and managed my own fence painting business and managed to accumulate a return of nearly 400% on my initial investment of $1,000.

Initially pushed closing out to this late b/c knew tenant would have to relocated.  

When I use the BRRRR System in the refinance part of the property , that money is used to pay the initial loan of the purchase property .

The house needs to be in the condition it was when you did the initial viewing (or better). 

I'm initially interested in investing locally so that I can keep an eye on the properties until I become more comfortable with this new venture.Looking forward to meeting everyone and if you're a local realtor, lender, contractor, or property manager, I'd love to start a dialogue with you!

Hi BP Family, I understand that many newbies and even some experienced investors are not really sure how to start working with a lender, have a clear understanding of the multiple ways you can finance your deals, or know how to obtain "funding" partnerships.After speaking to many investors we are seeing this pattern of investors being unsure of how to even start initially approaching a lender.To start, I think it would be great for lenders to get the answers to this information.

I initially thought I would start off by house hacking a multi-family house in NJ, but I’m not sure that will work out right now due to the crazy market and my income.