I could move into a property that looks like a good deal (either in SF or the Easy Bay) and secure an FHA for 3.5% down by virtue of living in the property as my primary, rent out additional rooms, and essentially function as the property manager.

Our first intuition was to get an LLC but we no longer thinks it makes sense for the following reasons:- Have to get commercial loans instead of residential, which have much higher interest rates- Have to get homeowners' and umbrella insurance anyway - we feel the risk of being sued while owning rental properties is lower than running other types of businesses if we don't cut corners on the rehab and have a good property manager - Large amount of filing and annual fees requiredAre we thinking about this correctly and is there another structure that would best suit us?

This is a very easy loan and not one where you need a specialty or portfolio lender as their rates will be higher. 

The rehab took an easy 2 months.

The rehab took an easy 2 months.

Its simple and easy process. and I will even walk you through how to look at the numbers to make sure that they work.

That day he made an easy $500+ for a job he did.

Because of the special relationship, however, Realtor.com is often updated a little faster and has a wider range of listed properties.If you don’t yet have a real estate agent, Realtor.com makes it easy to connect with a local agent as well.

I know my real estate agent buddies in the Phoenix area have connections to people that either have the money to invest or can find the money to invest so I would rather focus on the first step first and worry about the easy part later.My goal is to have a $2.1 million portfolio within the next 10 years so that i can say that i was able to get a bigger portfolio than the investor that sparked my fire and of course to set a seemingly unrealistic (for now) goal that i know is achievable in this industry after listening to Devan McClish on episode #180.HERE'S WHAT I NEED FROM YOU-I need advice and feedback on my first draft of my postcard!

It is very easy to envision cost overruns and additions to the scope of work here in this scenario.