When searching the country for strong real estate markets, we look for a combination of job growth, population growth, and affordability.

I don’t know why anyone should if they educate themselves first and especially combined with a mentor.As far as how long you wait to get everything just right with your credit is up to you but if you want the fast track you could have a lot of properties by then by applying yourself and taking action.

Gabe - thanks for the post ...fyi :1) it never hurts to get a HELOC in place for the maximum amount  on your primary home ...if you never use it - you never need to pay anything for it  ....if you need to use it - it will be available  ...most HELOC lenders  only lend on primary  residences and most combined loan to values  tend to be maxed at 90% of value  ( there are exceptions to both of these items ) 2) regarding down payment challenge - there are FHA loans that allow a 3.5% down payment and there are conforming  programs that allow as little as 3% of the purchase price 3) if you are looking  at properties  or thinking about looking ...get pre approved  ( not pre qualified )  in case you need to move on an opportunity thanks and all the best 

For some reason it's on 2 furnaces and the duct work is separate so can't be combined.

Dense area with over 200k residents within a 3-mile radiusBusy traffic counts of over 20k cars per day - makes it a desirable location for any tenant and guarantees business for the tenant 6.75% cap rate with 6yrs remaining on lease and 5-5yr optSurrounded by a combined 4 elementary and middle schools - makes it a desirable location for any tenant and guarantees business for the tenant Just note, this is a NNN lease with tenant paying all taxes, insurance and interior maintenance.

It currently has the water heater closet, stacked washer dryer, fridge, and sink.

You might get a line of credit on your real estate but it is subject to combined loan-to-value limitations.  

It would cut your cash flow in the current property, so it only makes sense if you'd still have room to borrow money and the combined income from both places is higher. 

IF the real estate professional currently holds a job/business active in real estate this qualifies in many case however, Mostly this simply requires purchasing an active sfh or duplex in same year to combine the losses under one grouping.So will the maximum benefits always apply to everyone no, but then again, not everyone invests for the same reason or will take the actions needed.

Hi there,I am house hacking with a renter in the basement, and I want to put in a kitchenette and washer and dryers unit down there so she doesn't have to come upstairs to do it.