Investment Info:Large multi-family (5+ units) buy & hold investment.

On top of that they are relatively easy to sell, where something like a multi family has a smaller buyer pool.So back to the details..Purchasing my first condo with $30k cash, then another $10k, puts me at $40k total investment, I rent out for $800 a month, after all my costs I'm looking at $450 cash flow per month.

On top of that they are relatively easy to sell, where something like a multi family has a smaller buyer pool.So back to the details..Purchasing my first condo with $30k cash, then another $10k, puts me at $40k total investment, I rent out for $800 a month, after all my costs I'm looking at $450 cash flow per month.

Welcome to my series on purchasing a home and using your VA Benefits.I am George Freelove a Marine Veterans and real estate professional / consultant.I have over 40 years of experience in the home building, mortgage and real estate world.Purchasing a home is a very important decision and a big undertaking in any one’s life.Most people only choose to purchase a few homes over their life time.My goal is to make sure that you are well equipped and armed with up to date information for your big decision.Over the next few weeks we will discuss buying a home using your VA Benefits.The nitty gritty of the process, where to start, how to get a VA Loan finding the right mortgage lender, finding the right Realtor, finding the right home, what costs to expect, how does the process work, what can I expect from my Realtor, my Lender and the Seller.So let’s take this journey together!

I don't know how it will affect resale value, but since you would still have garage space in the primary home, the functionality of the home will only be improved.

I am an attorney in New York City (non-real estate) looking to purchase single or small multi-family homes in Utah or Maryland (family and contacts in both areas) for long-term rentals.

If you are starting out and have W-2 income likely you would want to keep that for loan qualification but once your portfolio is established you can choose what other, if any, income you want to spend your time developing.

Hey Guys! My First post on Bigger Pockets :)In the Philadelphia Market I am seeing flips AND fix & rental popping up all over town. With all of the articles, youtube videos, and my personal research scrolling thro...

Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bp The second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.

I won't say how you should run your business but may I ask why you are choosing to pay a portion of potential candidates application process?