Even then, multi-family properties in several areas of the country are "bid up" quite high.

I am offering my partner an 8% preferred rate of return ($36k) plus 50% of the net profit defined as;(Sale price) - (their initial investment, commissions and their preferred rate.)With conservative assumptions on the ARV, they are poised to make a total of 30% return (I am getting in LOW…fingers crossed).Does this look right?

It's a great program and a leader for the entire country.

She oversimplifies the process and gives a lot of outdated and inaccurate information and will cross sell the heck out of you with business credit courses and boot camps.

This could be an REI-friendly agent, or a seasoned member of your local REI group, but a second opinion may be very useful.Title/escrow companies will make sure the T's are crossed and I's dotted, but will definitely NOT guide you as to the value of the investment.So far as other legal E's are concerned, most competent Real Estate attorneys will be happy to look over your shoulder for $500 if needed, but again, still will not likely be able to counsel you on the true value of the investment.Good luck!

Being in a country setting could be challenging for finding new tenants.

The US is the #1 country for foreign investors in real estate.

Our county (legal description) website doesn’t cross reference to mailing addresses very well at all.

You can take out a HELOC (Home Equity Line of Credit) and use that to help purchase another property or more, or use it to cross collateralize a loan on another property if you need to, etc.Enjoy BP, and stay safe!

And personally, I love the old craftsman architecture representative of its time.In fact, I just got back from looking at two different properties that would net between $300 to $1K a month after all expenses.SoCal is expensive compared to the country, but there are some neighborhoods that are relatively affordable and have potential for a good investment.I'd be happy to share these two homes for you and/or refer you to my wife (she's an agent in LA) if you'd like.