You might also meet someone that could be a potential business partner.

As a lender - 1) investors that are just starting out normally float towards high leverage/high rates lenders (lower margins and more risk); experienced investors normally go with lenders that can close fast, reliably, and with low fees.

You can start cash flowing off the bat and (depending on the financials) can potentially help your DTI. https://themortgagereports.com/107690/fannie-mae-introduces-...

Whether or not you'll be able to lower your current living expenses by househacking will depend on:- the type of property- property taxes - which are relatively low in BK compared to other counties- down payment- projected incomeThat said, househacking in NYC is totally doable and most first-time househackers find success in located small multifamily properties (2-4 units) preferably with some sort of additional income potential (i.e.

Not sure the best places to leave business cards to attract potential motivated seller leads. 

He also has not bounced checks there and is not a high risk type of account. 

Certain lenders may reduce ltv for the added risk of it being non warrantable. 

Having executed this strategy, nearly 100 time with our clients there is more than meets the eye, and there is an audit risk which we have seen.

Look for areas with high rental demand, low vacancy rates and potential for appreciation. 

MI has a lot of potential for STR's but regulations are changing rapidly.