To put actual numbers on things, I bought my first investment property at 5.25% interest in Feb 2018, and am currently under contract on my 5th property which is now at 5.875% interest seven months later.

Working on my first rental property (bought from the bank.)

I bought this turn key property in Kansas City, MO, few months back.

Lending home Is cool u just give them your vesting's and they pull public records nationwide to verify you actually bought and owned it in that entity.. very easy really.. and I always suggest folks .

The FinancialsPurchased our "starter home" brand new in 2010 for $166,490Zestimate is currently at $281,510Mortgage Outstanding Principal balance is $137,331.69Monthly Payment (PITI) is $1,159.24Rent Zestimate is $1,625 /moIn case it's relevant, our budget for a new home is $450K and we have 25% saved for deposit.

I bought the home in 2010 and have spent the past several years doing a SLOW live in flip.

The attempt when there was to stay in that home for a while, that is why it was not bought as an investment, or I would not be even considering having it.

Background:5 years ago my wife and I bought our starter home. 3 bed./2,5 bath w in-law apartment, 2200 squ/ft in New England.

I bought them for the long haul, to protect my future self from current myself.

We recently bought a 101 rental townhome community in Ohio and we thought we would have that problem so I reached out to ParcelPending.com.