My ex let our old home and bed and breakfast were foreclosed on during my divorce, if I'd had the knowledge two years ago that I do now, I would have taken them from her and converted to 4-plex and a single family residence that would have cash flowed as well (but that goes in the lessons learned file).

Besides main residences and restaurant/bar/retai­l I've done many investment properties that have been made rentals or sold for profit.

My fortune on my buy and hold doesn't change the fact that I'm now almost done winding down everything else I had acquired in the area leaving me with only my primary residence left in that area.

Yes, welcome to the Bloomington market, hope to see you at our meet ups, alright not sure if you are living in So Cal and managing from afar or now a Bloomington resident.

I also owned a primary residence (condo) in Atlanta for 8 years before selling and moving to Denver.  

I am looking for sure to use OPM as much as possible, but I don't see conventional loans as an option since I don't have the income to qualify.

Along with the refi after a year or two, I would save up the cash flow to buy another property or contribute to the down payment to get to 78% LTV as fast as possible to avoid PMI and to be able to qualify for a regular loan.Based on everything I know, this plan seems to be the most efficient way to acquire as many units as possible in the shortest amount of time, but again I am fairly new and don't know all the possible options.

I'm looking to get started on my first real estate investment (first home purchase). Unfortunately, I was not approved for enough to purchase a 2 unit duplex like I wanted. My plan now is to buy a SFH and live in it ...

I am the head of a single-income household of 4, and after accidentally discovering BiggerPockets and Robert Kiyosaki, I've decided to move my family into my in-law's place (from Garfield to Bergenfield) in order to stop paying rent and begin saving serious cash for investing in the near future.I would like to start off with a duplex/triplex/fourplex as primary residence while collecting decent cashflow.

To my surprise she said “That sounds fine”.That next morning I called a realtor, listed our house and started looking for properties in Denver, Colorado.Our current residence sold very quickly, and we moved into a single bedroom apartment in an “OK” part of town.