Read this in "Landlording" by Leigh Robinson:  

Originally posted by @Mike Helminger:I'm looking to invest in two properties in Pittsburgh (about $220k in total).

The building is actually a fully rehabbed coach house (5 years ago), the original main living structure was removed.

The membership also gives you discounted tenant screening services (credit score) and they offer a landlord training course called Rent it Right.  

Originally posted by @Bryan Watson:@Kyle Jiron Just curious on your message above for action plan / investing plan ,  your phrasing made that sound like more of a solid thing or were you just referring to generalities ?

   $1.5MM25% Down would be $375KIt was suggested to me to speak with the owners (who I know - they are personal friends) about Owner Carry for $250K.Does this mean A) The $250K is subtracted from the original purchase price and therefore I would have to come up with 25% of $1.25MM  or..B) Out of the $375K down the owner would carry $250K and I would have to put $175K down on the deal ?

Originally posted by @Bruce Harding:First time buyer.  

Originally posted by @Cheryl Vargas:@Mayer MI love your rehab suggestions, Mayer!

And now you are playing with "house money" since the refi was so much more than your original investment.

Originally posted by @Andrew Lawlor:Is purchasing an MDU an aggressive move for a first-time buyer?