Quote from @Jardin Gwin: Hi everyone, I’m a beginner real estate investor looking for guidance as I work toward purchasing my first rental property.

My max purchase price will be $400,000, my FICO score is around 720 and Experian VantageScore is around 760.

I am open to creating an online networking group (not mastermind) of experienced investors.

We haven't been able to sit down and really focus on what will be the best investment project...but...we should get on a zoom call and discuss it in more detail. 

Purchase Price – Buying at a discount is always ideal, but when assuming a mortgage, you’re not just negotiating the price—you’re gaining access to a lower interest rate than what’s currently available.

(Just giving an example of MF in a rural idea setting, not all programs require all tenants to work on a farm).

Can’t be purchased for your primary home.

Purchase price: $162,500 Cash invested: $75,000 I was offered this property directly before it went on the market from my agent.

These products allow you to purchase a home that may need some work and roll the renovation costs into your mortgage. 

The 10-year treasury is currently sitting at 4.62% as of 1/24/2025 up from 3.73% on 9/13/2024, reflecting a 23.8% increase over the last 4 months (Source).