Just starting in the Real Estate businessHey everyone, just starting in the Real Estate / Raw Land  business and am eager to learn as much as I can as I make progress in the upcoming weeks.

I’ll start with one that was only doable under the special circumstances of the late 1970s early 80s.  

We are starting to see panic selling and homeowners trying to find alternatives to selling.

However, it is hard to gauge the rental potential so many years into the future with new construction SFH and apartments being built in the next few years.I’m worried about the HOA, the rental potential, whether I should keep saving and buy a SFH, or if I should just take the plunge and start building equity.

I have 2 rentals (1 already in an llc and 1 being put in now), I am at the point of starting to look at getting a 3rd rental and have always wondered what loan approval will look like with my assets now segmented and if I would apply for the loan as the LLC.

Fico Scores can drop fast when a person starts to open and take out multiple LOC's and mortgages which is considered "Excessive tradelines" based on your DTI.Helocs are great for quick renovations or repairs and should be used and paid off or down quickly.

Back when I first started looking in early Feb, prices for the exact type of townhome I was looking for have jumped 50K, and it just isn’t feasible for me at the moment.

I started out with a flip house and am currently focusing on long-term rentals.

At a lower price point I will say that you start to see lower quality applicants.

Unproven contractors need to be started with small jobs and they can work themselves into the bigger rehabs.