Hi, What kind of property did you invest in?

Be careful they can be very persuasive and before you know it are taking out a second mortgage to pay for the same education you could have got for free.  

You have to be careful in Canada.

n/a Hi Tekoa, When was the property bought?

Against how much did you pay for the property?

I'm looking to purchase a rental property in the Greater Seattle Metro area for maximum purchase price of 550k. 

I'm navigating the process of purchasing a rental property for the first time and would love to hear the forum conversation insights.

Sara,I am starting the offer process with multi family properties in metro Detroit as well. 

However, not everyone has the income to qualify conventional, so the alternative route would be DSCR loan where the program doesn't look into your income, instead it evaluates based on the subject property rental performance based on the ratio system.

Maybe a beginner wholesaler would be cool with something like that.But for us, we wouldn’t partner with an end buyer unless we’re getting a percentage of the profit on the backend, and it has to be a lot more than the wholesale fee for that property.