Could you find a better investment on the mainland?

Investment Info:Single-family residence wholesale investment.

New investor in the Danville, VA area looking for my first investment opportunity.

Hello all My name is Steve and I’m a foreign investor investing in Jacksonville FL.I am based in Israel and am working from far.

If you are investing consistently, you will know what your market charges for the work needed. 

I have not been keeping up with what areas are gentrifying or on the verge of gentrifying but if I was to invest in NYC the first areas I would like at were the locations that are either right on the verge or are changing. 

Conventional loans to purchase (1-4 unit) investment properties don't require a personal financial statement. 

If you have an LLC, I would even suggest putting your investment property under your LLC.

The other good news is you ca use the rents of the other units as income to qualify so you can essentially qualify for a higher home price.That sets up your next investment property as you move out its now a 2-4 unit with multiple doors bringing in more income. 

Lateefah, Yes, I'm a realtor here in the Emerald Coast, specializing in vacation rentals and investment properties.