The seasoning requirements, LTVs, and drivers of the difference in purchase/appraisal values will be effected by the loan product.

Hello guys,I have a specific situation so I wanted to reach out seeking an advice for fellow members here who might guide me to the right path.

Termination right if STR no longer allowed, profit sharing, purchase option or ROFR, length of lease and lease options, how to handle major repairs, who pays initial investment in upgrading property, etc.P.S., this is also similar to co-working locations where the operator signs a master lease with the building owner and then rents out cubicles to individual customers.

I have read a few introductory books on real estate investment, and I am now looking to take steps towards purchasing my first property as I love to greatly research anything I want to start doing.

I recommend your purchase agreement include an opportunity to review any lease agreement, payment history, and application screening for current occupants.

The people who are already working in that specific market will be the ones who will be able to give the best direct advice.

I hope to purchase my first investment property by the end of the year, initially in Northwest Indiana, likely Hobart.

Maybe I’m reading this wrong but after reading several articles it’s my understanding that normally when a civilian assumes a VA mortgage the “VA entitlement” will remain with the seller meaning purchasing power in the future will be less since it’s still tied into the current loan and the 1 year occupancy is foregone since the seller has lived in it over a year. 

Turno is a great option, also try checking local fb groups specific to that market. 

I purchased the property with an FHA loan at 5.25% rate but plan to refinance once rates drop (if they ever drop lol).